Abstract:
A rich area of economic research focuses on the role of controlled
experiments to understand interactions between agents and agents’ own deepseeded
preferences as they pertain to pro-social behavior. Four of the most
common games—the prisoner’s dilemma, and the trust, ultimatum, and dictator
games—have been used both in laboratory and field settings, and with student
and nonstudent participants. Cardenas and Carpenter (2008) have compiled
evidence for these four games that has been collected from behavioral experiments
conducted in the US and a number of developing countries. In this paper, we
wish to add to the existing evidence by presenting the results of lab experiments
carried out on a population of economics students at a university in Lahore.