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:
““Well, well,” he said to himself, “you are not in Belgium; let us begin our apprenticeship in earnest, and so long as we are in the woods, howl heartily with the wolves.””
—For the State of Nebraska, U.S. public relief program (1935-1943)
“My experiments did not turn out quite like yours, Henry. But science, like love, has her little surprises.”
—William Hurlbut (1883–?)