Ben-Ner, Avner; Putterman, Louis - In: Journal of Economic Behavior & Organization 70 (2009) 1-2, pp. 106-121
In the one-shot trust or investment game without opportunities for reputation formation or contracting, economic theory predicts no trusting because there is no incentive for trustworthiness. Under these conditions, theory predicts (a) no effect of pre-play communication, and (b) universal...