Piqueteros: An experimental analysis of direct vs. indirect reciprocity

Research in behavioral economics has widely recognized the importance of reciprocity concerns in shaping individual behavior. The literature is however dominated by a focus on direct reciprocity. Motivated by a real life situation in Argentina - the Piqueteros (pickets) conflict - I designed a three...

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Autores:
Tipo de recurso:
Fecha de publicación:
2015
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
eng
OAI Identifier:
oai:repository.urosario.edu.co:10336/22771
Acceso en línea:
https://doi.org/10.1515/peps-2014-0011
https://repository.urosario.edu.co/handle/10336/22771
Palabra clave:
Direct reciprocity
Indirect reciprocity
Punishment
Social conflict
Rights
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Description
Summary:Research in behavioral economics has widely recognized the importance of reciprocity concerns in shaping individual behavior. The literature is however dominated by a focus on direct reciprocity. Motivated by a real life situation in Argentina - the Piqueteros (pickets) conflict - I designed a three-player three-stage game in order to investigate what type of reciprocity prevails in the face of a negative externality in an environment that allows for direct and indirect reciprocity simultaneously. I show that (negative) reciprocity from the directly affected second mover is more frequent than punishment from the indirectly affected third party. However, the third party more frequently punishes the first mover than the second mover, even though he is negatively affected by the latter's punishment effort while not by the former's move directly. In oder words, in real life settings featuring the incentives captured by this paper's experimental design, affected third parties more frequently act in line with indirect rather than direct reciprocity. © 2015, Walter de Gruyter GmbH. All rights reserved.