Showing 1 - 10 of 211
This paper analyzes the relations between social capital, institutions and trust.These concepts are full of ambiguity … and confusion.This paper attempts to dissolve some of the confusion, by distinguishing trust and control, and analyzing … institutional and relational conditions of trust.It presents a tool for the analysis of the foundations of trust and a diagnosis of …
Persistent link: https://www.econbiz.de/10011092754
dictator game, the ultimatum game and the trust game. All subjects in a session earn the same participation fee, but their … split of the waiting time. In the trust game, there is substantial trust and reciprocity. Overall, social preferences are … evident in time allocation decisions. Received laboratory results from dictator, ultimatum, and trust games are robust to the …
Persistent link: https://www.econbiz.de/10011090374
In this paper, we address the concept of trust by combining (i) the self-reported trust and belief in trustworthiness …' distributional preferences, (iii) strategies submitted in the trust game in both roles of the game, and (iv) subjects' beliefs about … scoring rule.We show that trust can be expressed as a belief in positive reciprocity of the trustee, and answers to general …
Persistent link: https://www.econbiz.de/10011091891
We study social preferences in a three-person ultimatum game experiment with one proposer and two responders.Any responder can unilaterally punish the proposer.In three treatments, we vary the pecuniary consequences of rejection in such a way that upon rejection of one responder the other...
Persistent link: https://www.econbiz.de/10011092722
We develop an evolutionary approach to explain altruistic preferences. Given their preferences, individuals interact rationally with each other. By comparing the success of players with different preferences, we investigate whether evolution favors altruistic or selfish attitudes. The outcome...
Persistent link: https://www.econbiz.de/10011092487
This chapter reviews some key points in the analysis of trust, based on Nooteboom (2002)i.The following questions are … addressed.What can we have trust in?What is the relation between trust and control?What are the sources of trust? And what are … its limits?By what process is trust built up and broken down?What are the psychological mechanisms involved?The chapter …
Persistent link: https://www.econbiz.de/10011090429
that direction, it summarizes and discusses an agentbased model of the build-up and adaptation of trust between multiple … producers and suppliers.The central question is whether, and under what conditions, trust and loyalty are viable in markets ….While the model incorporates some well known behavioural phenomena from the trust literature, more extended modeling of human …
Persistent link: https://www.econbiz.de/10011092096
One of the long-standing puzzles in economics is why wages do not fall sufficiently in recessions so as to avoid increases in unemployment. Put differently, if the competitive market wage declines, why don't employers simply force their employees to accept lower wages as well? As an alternative...
Persistent link: https://www.econbiz.de/10011090402
We analyse gender differences in the trust game in a "behind the veil of ignorance" design.This method yields … strategies that are consistent with actions observed in the classical trust game experiments.We observe that, on averge, men and … women do not differ in "trust", and that women are slightly more "trustworthy".However, men's strategies are bimodal …
Persistent link: https://www.econbiz.de/10011090864
We analyze the Spence education game in experimental markets.We compare a signaling and a screening variant, and we analyze the e®ect of increasing the number of employers from two to three.In all treatments, there is a strong tendency to separate.More efficient workers invest more often and...
Persistent link: https://www.econbiz.de/10011091376