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:
“A public man must never forget that he loses his usefulness when he as an individual, rather than his policy, becomes the issue.”
—Richard M. Nixon (1913–1995)
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