Do we trust better-connected people more than others? Are those who are better connected more trustworthy? And how does interaction in social networks affect trust and trustworthiness? We address these questions in a laboratory experiment in which trustors decide on how to allocate their...

Financial literacy assessments typically rely on sample surveys containing sets of questions designed to gauge respondents' comprehension of fundamental financial concepts necessary for making informed decisions. The answers to such questions, either categorical or continuous in nature,...

We experimentally examine how group identity affects trust behaviorin an investment game. In one treatment, group identity isinduced purely by minimal groups. In other treatments, group membersare additionally related by outcome interdependence establishedin a prior public goods game. Moving...

Whether incentive contracts perform better than trust in terms of productiveefficiency is usually explored by principal-agent experiments (mostinvolving only one agent). We investigate this issue in the context of athree-person ultimatum experiment, which is simpler and more neutrallyframed than...