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:
“All appointments hurt. Five friends are made cold or hostile for every appointment; no new friends are made. All patronage is perilous to men of real ability or merit. It aids only those who lack other claims to public support.”
—Rutherford Birchard Hayes (1822–1893)
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