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Analysis of Psychological Game Model Based on Reciprocal Behavior

TANG Jun,WANG Yi(National Economics Research Center,Guangdong University of Business,Guangzhou 510320,China)  
Reciprocal Behavior is a regulation of behavior in human activity and has an important affect on human social activity.In this paper reciprocal function is given according to the characteristic of reciprocal behavior.Accordingly,we put forward an equilibrium concept of reciprocal behavior Game and build a Game model based on psychology.The property of reciprocal equilibrium is furtherly studied and explain behavior phenomena in interaction based on this model.Eventually,the psychological game model is applied to analyze the employment contract in labor market and explain Akerlof’s view that regards labor contract as a partial "Gift Exchange".The research enriches economic theory and has practical implications.
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