Public Good Experiments
In public good experiments, behavioral economists have demonstrated that the potential for reciprocal actions by players increases the rate of contribution to the public good, providing evidence for the importance of reciprocity in social situations.
Read more about this topic: Reciprocity (social Psychology)
Famous quotes containing the words public and/or experiments:
“The extravagant expenditure of public money is an evil not to be measured by the value of that money to the people who are taxed for it.”
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“My experiments did not turn out quite like yours, Henry. But science, like love, has her little surprises.”
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