= Gift-exchange game
{wiki=Gift-exchange_game}
The Gift-exchange game is a concept used in economics and social science to study the dynamics of reciprocity, trust, and social norms within interactions between individuals. It is typically framed as a specific type of game in experimental economics, where participants make decisions involving gifts or resources to one another. Here’s a basic outline of how the Gift-exchange game typically works: 1. **Players**: There are generally two players involved: a "giver" and a "receiver.
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