Bostedt, Göran; Brännlund, Runar - CERE - the Center for Environmental and Resource Economics - 2012
An adapted version of ”the trust game with revenge” is applied to a Swedish setting. Senders – the first-movers - can … % of the outcomes reach this frontier due to lack of trust. If senders were confident that receivers would return at least … returned less than this, so for the most part the lack of trust is unwarranted. …