Reciprocity effects in the trust game (Q2351235)

Summary: I use data from a previous experiment for classifying subjects based on their behavior in the trust game. Prior literature defines a ``reciprocity effect'' as the tendency for Second Movers to return proportions increasing in the amounts that they receive. In the data that I use, 31\% of Second Movers show reciprocity effects, 31\% are neutral, and 25\% consistently free-ride, indicating that the aggregate reciprocity effect for the sample as a whole is attributable to a minority of the subjects.