Munich Personal RePEc Archive

Georgia Leads in Prosociality: Comparison to Cross-Cultural Economic Experiment

Mekvabishvili, Rati (2021): Georgia Leads in Prosociality: Comparison to Cross-Cultural Economic Experiment. Published in: Economics and Business , Vol. 13, No. 1 (23 March 2021): pp. 140-149.

[img]
Preview
PDF
MPRA_paper_107048.pdf

Download (1MB) | Preview

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.

Logo of the University Library LMU Munich
MPRA is a RePEc service hosted by
the University Library LMU Munich in Germany.