Public choice originated as a distinctive field of specialization a half century ago in the works of its founding fathers, Kenneth Arrow, Duncan Black, James Buchanan,Gordon Tullock<span>, </span>Anthony Downs<span>, William Niskanen, </span>Mancur Olson<span>, and William Riker.
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The norm of reciprocity is the well accepted social standard dictating that we should treat other people as they treat us.
The norm of reciprocity dictates that we have to give people the same treatment that we receive from them. This norm states that we have to pay people in kind.
The theory tries to teach that people would want to be nicer to others if they are to be repaid back with benefits for benefits.
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