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The dynamic interplay of inequality and trust: an experimental study
Greiner, Ben; Ockenfels, Axel; Werner, Peter - 2007
We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …
Persistent link: https://www.econbiz.de/10010264271
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The dynamic interplay of inequality and trust—An experimental study
Greiner, Ben; Ockenfels, Axel; Werner, Peter - In: Journal of Economic Behavior & Organization 81 (2012) 2, pp. 355-365
We study the interplay of inequality and trust in a dynamic growth game, in which trust increases efficiency and thus … allows higher growth of the laboratory economy in the future. We find that trust (as measured by the percentage of wealth … invested in a trust game) is initially high in a treatment starting with equal endowments, but decreases over time. In a …
Persistent link: https://www.econbiz.de/10011048177
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The Dynamic Interplay of Inequality and Trust - An Experimental Study
Greiner, Ben; Ockenfels, Axel; Werner, Peter - Harvard Business School, Harvard University - 2007
We study the interplay of inequality and trust in a dynamic game, where trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …
Persistent link: https://www.econbiz.de/10005754938
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The Dynamic Interplay of Inequality and Trust - An Experimental Study
Greiner, Ben; Ockenfels, Axel; Werner, Peter - Staatswissenschaftliches Seminar, Wirtschafts- und … - 2007
We study the interplay of inequality and trust in a dynamic game, where trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …
Persistent link: https://www.econbiz.de/10005704393
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The dynamic interplay of inequality and trust : an experimental study
Greiner, Ben; Ockenfels, Axel; Werner, Peter - In: Journal of economic behavior & organization : JEBO 81 (2012) 2, pp. 355-365
Persistent link: https://www.econbiz.de/10009626487
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Collective Bargaining Systems and Macroeconomic and Microeconomic Flexibility: The Quest for Appropriate Institutional Forms in Advanced Economies
Addison, John T. - 2015
Scandinavian, and British models. The role of trust in securing micro and macro flexibility also receives attention, leading to the …
Persistent link: https://www.econbiz.de/10011420762
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Collective bargaining systems and macroeconomic and microeconomic flexibility: The quest for appropriate institutional forms in advanced economies
Addison, John T. - In: IZA Journal of Labor Policy 5 (2016) 19, pp. 1-53
models. The role of trust in securing micro and macro flexibility also receives attention, suggesting that the polder or …
Persistent link: https://www.econbiz.de/10011986216
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Social Capital
Durlauf, Steven; Fafchamps, Marcel - EconWPA - 2004
This paper surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
Persistent link: https://www.econbiz.de/10005062449
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Social Divergence and Productivity: Making a Connection
Grafton, R. Quentin; Knowles, Stephen; Owen, P. Dorian - Center for the Study of Living Standards (CSLS); The …
In this chapter, Quentin Grafton, Stephen Knowles and Dorian Owen examine the implications for productivity arising from the level of social diversity along a variety of dimensions, including ethnic, linguistic and religious differences and inequalities between rich and poor. Their basic...
Persistent link: https://www.econbiz.de/10005650211
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Social Capital
Durlauf, Steven N.; Fafchamps, Marcel - Centre for the Study of African Economies (CSAE), … - 2004
This paper surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...
Persistent link: https://www.econbiz.de/10009642418