driven by trust. With flexible prices, we observe low prices and high quality in competitive (oligopolistic) markets, and …

This paper investigates how group membership and competition among trustors interact with trust and trustworthiness in … a laboratory one-shot trust game. To analyze these effects, we apply a 2x2 design. We induce group membership by letting …

social norms of trust. We find that in certain cases, i.e. when the partnership is very rewarding in absolute terms and the … risk of exploitation from defector partners is relatively low, pure trust may emerge as a social standard of behaviour in a …-phase transition to pure trust may emerge: in the first phase, 'cautious' co-operators who monitor the partner spread over, to be …

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 …

In one-shot investment game experiments where each player's payo is a convexcombination of own and other's prot, trust …

raises the other players' beliefs about the donors' trustworthiness in a simple trust game. Consequently, donors receive …

We have used the standard trust game on a random sample of university students (N=764) and a random sample of rural …¨atzle-R¨utzler, & Sutter, 2013) and how these relate to variations in trust and trustworthiness based on the standard trust game (Berg … studies of pro-social, trust, and trustworthiness behavior compared to broader population samples. Contrary to this, we found …

The "grammar of trust" is one the most explored loci in game theory and behavioural economics. However, still much … needs to be understood about the nature of trust in non-enforceable, personalised interactions, in markets and within … organizations. This experimental study aims at contributing to the understanding of new dimensions of trust by exploring how risky …