On The Role of Sacrifice in Reciprocity
24 Pages Posted: 11 May 2022
Date Written: May 10, 2022
This paper experimentally investigates the importance of sacrifice in affecting people’s reciprocal behavior. Our design allows us to exactly pin down how sacrifice of the sender’s own payoff matters for her perceived kindness from the eyes of the receiver in a sender-receiver game, without being confounded by fairness concerns and higher order beliefs. We show that a simple extension of the axiomatic model of reciprocity by Cox et al. (2008) can nicely incorporate sacrifice, which matches the new empirical regularities found in our experiment.
Keywords: Sacrifice, Reciprocity, Intention, Kindness, Social Preferences, Experimental Economics
JEL Classification: C92, D91
Suggested Citation: Suggested Citation