Transfers and reciprocity in overlapping generations experiments

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 experimentally investigate the development of voluntary transfers in an overlapping generations environment. By varying the information conditions of the game, we study whether the development of transfers is related to the possibility of future generations to monitor and reciprocate transfers of past generations. The results display a fairly high level of voluntary transfers across generations, even when players are experienced. Furthermore, the level of transfers does not seem to depend much on the possibility of monitoring. Weak signs of cross-generational reciprocity are observed. Apparently, the public-good features of the experiment dominate the possibilities for intertemporal rewarding and punishing
Original languageEnglish
PublisherUnknown Publisher
Number of pages25
Volume1995-110
Publication statusPublished - 1995

Publication series

NameCentER Discussion Paper
Volume1995-110

Fingerprint

Experiment
Overlapping generations
Monitoring

Keywords

  • Social Security
  • Experimental Design
  • econometrics

Cite this

van der Heijden, E. C. M., Nelissen, J. H. M., Potters, J. J. M., & Verbon, H. A. A. (1995). Transfers and reciprocity in overlapping generations experiments. (CentER Discussion Paper; Vol. 1995-110). Unknown Publisher.
van der Heijden, E.C.M. ; Nelissen, J.H.M. ; Potters, J.J.M. ; Verbon, H.A.A. / Transfers and reciprocity in overlapping generations experiments. Unknown Publisher, 1995. (CentER Discussion Paper).
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van der Heijden, ECM, Nelissen, JHM, Potters, JJM & Verbon, HAA 1995 'Transfers and reciprocity in overlapping generations experiments' CentER Discussion Paper, vol. 1995-110, Unknown Publisher.

Transfers and reciprocity in overlapping generations experiments. / van der Heijden, E.C.M.; Nelissen, J.H.M.; Potters, J.J.M.; Verbon, H.A.A.

Unknown Publisher, 1995. (CentER Discussion Paper; Vol. 1995-110).

Research output: Working paperDiscussion paperOther research output

TY - UNPB

T1 - Transfers and reciprocity in overlapping generations experiments

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

AU - Nelissen, J.H.M.

AU - Potters, J.J.M.

AU - Verbon, H.A.A.

N1 - Pagination: 25

PY - 1995

Y1 - 1995

N2 - We experimentally investigate the development of voluntary transfers in an overlapping generations environment. By varying the information conditions of the game, we study whether the development of transfers is related to the possibility of future generations to monitor and reciprocate transfers of past generations. The results display a fairly high level of voluntary transfers across generations, even when players are experienced. Furthermore, the level of transfers does not seem to depend much on the possibility of monitoring. Weak signs of cross-generational reciprocity are observed. Apparently, the public-good features of the experiment dominate the possibilities for intertemporal rewarding and punishing

AB - We experimentally investigate the development of voluntary transfers in an overlapping generations environment. By varying the information conditions of the game, we study whether the development of transfers is related to the possibility of future generations to monitor and reciprocate transfers of past generations. The results display a fairly high level of voluntary transfers across generations, even when players are experienced. Furthermore, the level of transfers does not seem to depend much on the possibility of monitoring. Weak signs of cross-generational reciprocity are observed. Apparently, the public-good features of the experiment dominate the possibilities for intertemporal rewarding and punishing

KW - Social Security

KW - Experimental Design

KW - econometrics

M3 - Discussion paper

VL - 1995-110

T3 - CentER Discussion Paper

BT - Transfers and reciprocity in overlapping generations experiments

PB - Unknown Publisher

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van der Heijden ECM, Nelissen JHM, Potters JJM, Verbon HAA. Transfers and reciprocity in overlapping generations experiments. Unknown Publisher. 1995. (CentER Discussion Paper).