Abstract:
Recent experimental economic research highlights the importance
of Altruism and prosociality in many economic relations. Our experiment
replicates the cross-cultural public goods game experiment conducted in
16 different countries by (Herrmann, Thöni, and Gächter 2008). We find that
the mean contributions in standard public goods experiment with voluntary
contribution in Tbilisi participant pool appears the highest compared
to 16 experiment participant pool of different countries. Moreover, our
experimental results show surprisingly flat pattern of mean contributions,
indicating on strong evidence of altruism and prosociality. Individual level
experimental data tentatively suggests, the repeated game incentives and
considerable portion of altruism seems to reinforce each other and motivate
subjects’ genuine generosity reputation building, as it is a distinct and
esteemed character of Georgian culture. In our view, our results of strong
evidence of altruism contributes to the cross-cultural economic research of
human cooperation.
Description:
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