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trust and reciprocity in a population where agents play both roles (trustor and trustee). Our experiment consists on three … does not affect the average trust in the population. Trust is significantly higher only when players can build up a … reputation in both roles. We show that the increase in trust is mainly linked to the formation of mutual trust …
Persistent link: https://www.econbiz.de/10010577290
-off) and reciprocal fairness (receiving what one is due based on one’s past actions) using dictator, ultimatum, and trust games … participants’ behavior in the ultimatum and trust games. The self-interested and efficiency maximizers make the lowest offers in … trust game. Consistent with the goal of maximizing the sum of payoffs however, efficiency maximizers and compassionate …
Persistent link: https://www.econbiz.de/10010870874
examine the impact of empowering investors with the right to veto the investee’s profit distribution on trust and … trust by over 30% in both cases. To control for a treatment sequence effect, we conducted the experiment in a reverse order …. We observe a comparable loss in trust when the power to veto is removed. Further analysis of veto decisions indicates …
Persistent link: https://www.econbiz.de/10010577299
low social distance, collective orientation and experience with a medium is favorable for demonstrating trust …
Persistent link: https://www.econbiz.de/10008545902
In this paper we provide evidence that trust and reciprocity, the two key elements of social capital, are affected by … trusting and reciprocal behaviour and we show significant cross-country differences between the levels of trust and reciprocity …. We also show that the answers for ¡®trust in strangers¡¯ type attitudinal questions have a significant effect either on …
Persistent link: https://www.econbiz.de/10009351200
It has been reported that betrayal aversion in influences the trust decision (Bohnet and Zeckhauser 2004; Bohnet et al … decision to repay trust. We compare trustees' behavior when betrayal is obfuscated to an identical monetary payoffs situation … when it is revealed. Our result suggests that concern for betrayal costs influences not only the decision to trust but also …
Persistent link: https://www.econbiz.de/10010862300
We explore gender differences in trust and trustworthiness between male and female individuals and groups consisting of … or no significant differences either in trust or trustworthiness between male and female groups. Our results have …
Persistent link: https://www.econbiz.de/10010747607
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
Although it is well known that trust is an important component of the fulfilment of incomplete contracts, less is known …
Persistent link: https://www.econbiz.de/10010820329