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 actions of each dancer were scrutinized with great care and any little mistake noted and remembered. The strain upon a dancer was consequently so great that when a fine dancer died soon after a feast it was said, “The peoples’ looks have killed him.””
—Merle Colby, U.S. public relief program (1935-1943)
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—Denis Diderot (1713–1784)