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 faceless head lay still. I could not run
Or walk, but stood. Alone in the public clearing
This private thing was owned by all the town,
Though never claimed by us within my hearing.”
—Allen Tate (1899–1979)
“My experiments did not turn out quite like yours, Henry. But science, like love, has her little surprises.”
—William Hurlbut (1883–?)