reciprocity vs reciprocation

reciprocity and reciprocation both are nouns.

Word	Noun	Adjective	Verb	Adverb
reciprocity	Yes	No	No	No
reciprocation	Yes	No	No	No

As nouns, reciprocation is a hypernym of reciprocity; that is, reciprocation is a word with a broader meaning than reciprocity:

reciprocity: mutual exchange of commercial or other privileges
reciprocation: mutual interaction; the activity of reciprocating or exchanging (especially information)

Other hypernyms of reciprocity include give-and-take, interchange.

reciprocity (noun)	reciprocation (noun)
mutual exchange of commercial or other privileges	the act of making or doing something in return
a relation of mutual dependence or action or influence	alternating back-and-forth movement
	mutual interaction; the activity of reciprocating or exchanging (especially information)