If the (un)trustworthy are rare, people will talk about them, making their detectionmore reliable and / or less costly. When, however, both types appear in large numbers,detecting (un)trustworthiness will be considerably more difficult and possibly too costly.Based on Güth and Kliemt (2000) we...

Bereits im Jahre 1980 wählte Horst Albach einen spieltheoretischen und experimentellökonomischenZugang zum Vertrauensproblem in der Ökonomik. Dieser Weg wird erneutbeschritten. Es wird aufgezeigt, dass neuere spieltheoretische und experimentelle Arbeitennicht nur die explanativen Grenzen des...

Can a court system conceivably control opportunistic behavior if judges are selected from the same population as ordinary citizens and thus are no better than "the rest of us"? This paper provides a new and, as we claim, quite profound "rational choice" answer to that unsolved riddle. Adopting...