Altruism, trust and reciprocity : an experimental analysis

We conducted four studies: a Dictator Game, an Investment Game, and two hybrids of the two games. In the studies involving the Dictator Game, the recipient is a charity organization. All studies are double-blinded and non-repeated games involving real money. The purpose of the study is to observe th...

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Bibliographic Details
Main Authors: Chai, Hui Yi, Neo, Hui Lin, Oon, Wei Jian
Other Authors: School of Humanities and Social Sciences
Format: Final Year Project
Language:English
Published: 2011
Subjects:
Online Access:http://hdl.handle.net/10356/43710
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Institution: Nanyang Technological University
Language: English
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Summary:We conducted four studies: a Dictator Game, an Investment Game, and two hybrids of the two games. In the studies involving the Dictator Game, the recipient is a charity organization. All studies are double-blinded and non-repeated games involving real money. The purpose of the study is to observe the interactions between altruism, trust and reciprocity. We find that altruism and trust crowd out each other when in tension. When altruism and reciprocity are in tension, reciprocity are in tension, reciprocity is unaffected by altruism while altruism experiences a crowding out effect.