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A theory of sequential reciprocity
- M. Dufwenberg, G. Kirchsteiger
- EconomicsGames Econ. Behav.
- 1 May 2004
Does Fairness Prevent Market Clearing? An Experimental Investigation
- G. Kirchsteiger, E. Fehr, A. Riedl
- Economics
- 1 May 1993
This paper reports the results of an experiment that was designed to test the impact of fairness on market prices. Prices were determined in a one-sided oral auction, with buyers as price-makers.…
Reciprocity as a contract enforcement device: experimental evidence
- G. Kirchsteiger, E. Fehr, S. Gächter
- Economics
- 1 July 1997
Numerous experimental studies indicate that people tend to reciprocate favors and punish unfair behavior. It is hypothesized that these behavioral responses contribute to the enforcement of contracts…
Gift Exchange and Reciprocity in Competitive Experimental Markets
- E. Fehr, G. Kirchsteiger, A. Riedl
- Economics
- 1995
Reciprocity as a Contract Enforcement Device
- E. Fehr, S. Gächter, G. Kirchsteiger
- Economics
- 5 November 2001
The role of envy in ultimatum games
- G. Kirchsteiger
- Economics
- 1 December 1994
Other-Regarding Preferences in General Equilibrium
- M. Dufwenberg, Paul Heidhues, G. Kirchsteiger, J. Sobel
- Economics
- 1 May 2008
We study competitive market outcomes in economies where agents have other-regarding preferences. We identify a separability condition on monotone preferences that is necessary and sufficient for…
Your morals might be your moods
- G. Kirchsteiger, Luca Rigotti, A. Rustichini
- Economics
- 1 February 2006
Reciprocity and wage undercutting
- G. Kirchsteiger, M. Dufwenberg
- Economics
- 1 May 2000
Learning to Like What You Have - Explaining the Endowment Effect
- S. Huck, Jörg Oechssler, G. Kirchsteiger
- Economics
- 15 April 1997
The endowment effect describes the fact that people demand much more to give up an object than they are willing to spend to acquire it. The existence of this effect has been documented in numerous…
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