{Reference Type}: Journal Article
{Title}: Reciprocity models revisited: intention factors and reference values.
{Author}: Hinz J;Nicklisch A;Sommer ML;
{Journal}: Int J Game Theory
{Volume}: 53
{Issue}: 2
{Year}: 2024
{Factor}: 0.649
{DOI}: 10.1007/s00182-024-00898-z
{Abstract}: We present a test of the two most established reciprocity models, an intention factor model and a reference value model. We test characteristic elements of each model in a series of twelve mini-ultimatum games. Results from online experiments show major differences between actual behavior and predictions of both models: the distance of actual offers to the proposed reference value provides a poor measure for the kindness of offers, while a comparison of offers with extreme offers as suggested by the intention factor model makes offers indiscriminable in richer settings. We discuss possible combinations of both models better describing our observations.