Showing 1 - 10 of 26,553
Persistent link: https://www.econbiz.de/10009703972
We propose a novel way of measuring trust in institutions, which draws on the experimental method used to elicit time … preferences. Our measure is provided in the meaningful metric of the subjective probability of trustworthiness of the trustee. In … a lab‐in‐the‐field setting in the Philippines, we measure trust in two different financial institutions. Additionally …
Persistent link: https://www.econbiz.de/10014496994
Persistent link: https://www.econbiz.de/10010380078
Persistent link: https://www.econbiz.de/10011903531
Persistent link: https://www.econbiz.de/10012508773
Games that appear to be independent, involving none of the same players, may be related by emotions of reciprocity … Kirchsteiger’s model of sequential reciprocity (Games Econ Behav 47(2):268–298, 2004) to groups of individuals and define a new … “sequential group reciprocity equilibrium” for which we prove its existence. We study the case of two games with two players in …
Persistent link: https://www.econbiz.de/10011885713
Persistent link: https://www.econbiz.de/10003880396
behave reciprocally, but the degree of reciprocity is higher for lawyers. Surprisingly, it is not university education that …
Persistent link: https://www.econbiz.de/10011299882
We study differences in behavior across countries in a labor market context. To this end, we conducted a bilateral gift-exchange experiment comparing the behavior of subjects from five high-income OECD countries: Germany, Spain, Israel, Japan and the USA. We observe that in all countries, effort...
Persistent link: https://www.econbiz.de/10011383829
This paper extends Savage's subjective approach to probability and utility from decision problems under exogenous uncertainty to choice in strategic environments. Interactive uncertainty is modeled both explicitly, using hierarchies of preference relations, the analogue of beliefs hierarchies,...
Persistent link: https://www.econbiz.de/10011700273