Simple and Complex Gift Exchange in the Laboratory

E.C.M. van der Heijden, J.H.M. Nelissen, J.J.M. Potters, H.A.A. Verbon

Research output: Working paperDiscussion paperOther research output

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Abstract

We examine an experimental gift exchange game in which the players can improve upon the unique no-gifts equilibrium through cooperative gift giving. The main feature of the study is that there are two different types of gift exchange, which we call simple and complex exchange, respectively. Complex exchange gives higher payoffs than simple exchange but it requires not only mutual trust, like simple exchange, but also a substantial degree of coordination. We examine whether players are able to conclude simple and complex exchanges and how this is affected by the move and matching structure of the game.
Original languageEnglish
Place of PublicationTilburg
PublisherMicroeconomics
Number of pages31
Volume1999-78
Publication statusPublished - 1999

Publication series

NameCentER Discussion Paper
Volume1999-78

Fingerprint

Gift exchange
Gift
Gift giving

Keywords

  • experiments
  • reciprocity
  • trust
  • coordination
  • gift exchange

Cite this

van der Heijden, E. C. M., Nelissen, J. H. M., Potters, J. J. M., & Verbon, H. A. A. (1999). Simple and Complex Gift Exchange in the Laboratory. (CentER Discussion Paper; Vol. 1999-78). Tilburg: Microeconomics.
van der Heijden, E.C.M. ; Nelissen, J.H.M. ; Potters, J.J.M. ; Verbon, H.A.A. / Simple and Complex Gift Exchange in the Laboratory. Tilburg : Microeconomics, 1999. (CentER Discussion Paper).
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van der Heijden, ECM, Nelissen, JHM, Potters, JJM & Verbon, HAA 1999 'Simple and Complex Gift Exchange in the Laboratory' CentER Discussion Paper, vol. 1999-78, Microeconomics, Tilburg.

Simple and Complex Gift Exchange in the Laboratory. / van der Heijden, E.C.M.; Nelissen, J.H.M.; Potters, J.J.M.; Verbon, H.A.A.

Tilburg : Microeconomics, 1999. (CentER Discussion Paper; Vol. 1999-78).

Research output: Working paperDiscussion paperOther research output

TY - UNPB

T1 - Simple and Complex Gift Exchange in the Laboratory

AU - van der Heijden, E.C.M.

AU - Nelissen, J.H.M.

AU - Potters, J.J.M.

AU - Verbon, H.A.A.

N1 - Pagination: 31

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N2 - We examine an experimental gift exchange game in which the players can improve upon the unique no-gifts equilibrium through cooperative gift giving. The main feature of the study is that there are two different types of gift exchange, which we call simple and complex exchange, respectively. Complex exchange gives higher payoffs than simple exchange but it requires not only mutual trust, like simple exchange, but also a substantial degree of coordination. We examine whether players are able to conclude simple and complex exchanges and how this is affected by the move and matching structure of the game.

AB - We examine an experimental gift exchange game in which the players can improve upon the unique no-gifts equilibrium through cooperative gift giving. The main feature of the study is that there are two different types of gift exchange, which we call simple and complex exchange, respectively. Complex exchange gives higher payoffs than simple exchange but it requires not only mutual trust, like simple exchange, but also a substantial degree of coordination. We examine whether players are able to conclude simple and complex exchanges and how this is affected by the move and matching structure of the game.

KW - experiments

KW - reciprocity

KW - trust

KW - coordination

KW - gift exchange

M3 - Discussion paper

VL - 1999-78

T3 - CentER Discussion Paper

BT - Simple and Complex Gift Exchange in the Laboratory

PB - Microeconomics

CY - Tilburg

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van der Heijden ECM, Nelissen JHM, Potters JJM, Verbon HAA. Simple and Complex Gift Exchange in the Laboratory. Tilburg: Microeconomics. 1999. (CentER Discussion Paper).