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The investment game with asymmetric information
Coricelli, Giorgio; González Morales, Luis G.; … - 2003
We analyze the effects of introducing asymmetric information and expectations in the investment game (Berg et al., 1995). In our experiment, only the trustee knows the size of the surplus. Subjects' expectations about each other's behavior are also elicited. (...)
Persistent link: https://www.econbiz.de/10005845178
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Motivational Cherry Picking
Regner, Tobias; Riener, Gerhard - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2011
We construct a simple three person trust game with one trustor and two trustees. The trustorhas the possibility to … either trust both trustees or none, while the trustees make their decisionseither sequentially or simultaneously, depending …
Persistent link: https://www.econbiz.de/10009248883
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The Dynamics of Trust and Trustworthiness on EBay. AnEvolutionary Analysis of Buyer Insurance and Seller Reputation
Güth, Werner; Mengel, Friederike; Ockenfels, Axel - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2006
market platforms such as eBay) interact to promote trustworthinessand trust. Our analysis suggests that the costs involved in … crowds out trust and trustworthiness. …
Persistent link: https://www.econbiz.de/10005866721
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The impact of payo interdependenceon trust and trustworthiness
Güth, Werner; Levati, Maria Vittoria; Ploner, Matteo - Max-Planck-Institut für Ökonomik <Jena> - Abteilung …
In one-shot investment game experiments where each player's payo is a convexcombination of own and other's prot, trust …
Persistent link: https://www.econbiz.de/10005866849
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The Eect of Group Identityin an Investment Game
Güth, Werner; Levati, Maria Vittoria; Ploner, Matteo - Max-Planck-Institut für Ökonomik <Jena> - Abteilung …
The present research experimentally examines the ininfluence of groupidentity on trust behavior in an investment game …-dimensionalgroup identity, we nd no significant dierences in trust decisions.However, trust is signfiicantly positively correlated with …
Persistent link: https://www.econbiz.de/10005866946
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Trust between individuals and groups: Groups are less trusting than individuals but just as trustworthy
Bornstein, Gary; Kocher, Martin; Kugler, Tamar; Sutter, … - Max-Planck-Institut für Ökonomik <Jena> - Abteilung …
We compared the behavior of groups and individuals in a two-person trust game. The first mover in this game, the sender …
Persistent link: https://www.econbiz.de/10005866950
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Bridging the Trust Gap in Electronic Markets:A Strategic Framework for Empirical Study
Bolton, Gary; Katok, Elena; Ockenfels, Axel - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002
Trust that suppliers and buyers will keep their word is a necessary ingredient to a wellfunctioning marketplace …, putting them out of the reach ofthe legal safeguards and the long-term relationships that build trust in the brick …
Persistent link: https://www.econbiz.de/10005867032
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How Effective are Online Reputation Mechanism?
Bolton, Gary; Katok, Elena; Ockenfels, Axel - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002
that, unlike the partner market, the benefits of trust and trustworthy behavior go to the whole community and are not …
Persistent link: https://www.econbiz.de/10005867033
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Incentive Contracts versus Trust in Three-Person Ultimatum Games- An Experimental Study
Büchner, Susanne; Gonzalez, Luis; Güth, Werner; … - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002
Whether incentive contracts perform better than trust in terms of productiveefficiency is usually explored by principal …, we find that (mutual) trust is as good as incentivecontracts in inducing costly actions by employees. Moreover, we …
Persistent link: https://www.econbiz.de/10005867038
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How to Preserve a Fortune: An Experimental Comparison of Foundations and Direct Transfers to the Heir
Güth, Werner; Koschmieder, Kurt-Dieter; Levati, Maria … - Max-Planck-Institut zur Erforschung von …
Direct transfers allow heirs to freely use what has been passed on to them. Bequeathers who do not trust their … trust their descendant. When transfers to the descendant are less efficient than investments in a foundation, due to, e …
Persistent link: https://www.econbiz.de/10005866700