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In standard trust games, no trust is the default, and trust generates a potential gain. We investigate a reframed trust … game in which full trust is default and where no trust generates a loss. We find significantly lower levels of trust and … trustworthiness in loss domain when full trust is default than in gain domain when no trust is default. As a consequence, trust is on …
Persistent link: https://www.econbiz.de/10010818592
experimentally investigate the relationship between intrinsic and instrumental reciprocity by running a two-period repeated trust …, and that intrinsic reciprocity is rewarded. In fact, the total level of cooperation, in which trust is reciprocated, is …
Persistent link: https://www.econbiz.de/10010818597
Research on social capital routinely relies on survey measures of trust which can be collected in large and … about others' cooperation. Our analysis suggests that the standard trust question used in the World Values Survey is a proxy … recently proposed alternative to the standard trust question, seems to operate through beliefs rather than preferences. …
Persistent link: https://www.econbiz.de/10011056169
We examine the degree of trust and trustworthiness in an experimental trust game with 662 participants from six … different age groups, ranging from 8-year-olds to retired persons. Although both trust and trustworthiness have been identified … trust increases almost linearly from early childhood to early adulthood, but stays rather constant within different adult …
Persistent link: https://www.econbiz.de/10005785102
We examine gender differences in trust in another party?s cooperation (CC) or its ability (AC). While men and women do … not differ concerning trust in cooperation, gender has a strong influence when trust in another subject?s ability is …
Persistent link: https://www.econbiz.de/10005432670
In his classic article “An Essay on Bargaining” Schelling (1956) argues that ignorance might actually be strength rather than weakness. We test and confirm Schelling's conjecture in a simple take-it-or-leave-it bargaining experiment where the proposer can choose between two possible offers....
Persistent link: https://www.econbiz.de/10011048133
We define and experimentally test a public provision mechanism that meets three basic ethical requirements and allows community members to influence, via monetary bids, which of several projects is implemented. For each project, participants are assigned personal values, which can be positive or...
Persistent link: https://www.econbiz.de/10010540349
In the vast majority of laboratory experiments documenting the existence of reciprocity subjects are endowed with windfall funds. In many environments with salient fairness considerations such endowments are known to inflate subjects’ other-regarding behavior, thereby creating a so-called...
Persistent link: https://www.econbiz.de/10011127992
Traditionally, larger than equilibrium allocations by proposers in Dictator Games (gifts) have been explained by aspects of altruism, reciprocity, and fairness. However, this assumes the gift to be mutually desirable to the proposer and responder. Giving may also be driven by a desire of the...
Persistent link: https://www.econbiz.de/10010960259
Traditionally, allocations by dictators in Dictator Games (gifts) have been explained by aspects of altruism, reciprocity, and fairness. However, this assumes the gift to be desirable to the dictators and responder. Giving may also be driven by the source of the endowment. We examine this by...
Persistent link: https://www.econbiz.de/10010776369