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We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different …
Persistent link: https://www.econbiz.de/10005845176
We analyze the effects of introducing asymmetric information andexpectations in the investment game (Berg et al., 1995). In our experiment,only the trustee knows the size of the surplus. Subjects’expectations about each other’s behavior are also elicited. Our resultsshow that average payback...
Persistent link: https://www.econbiz.de/10005866876
We examine experimentally two different types of trust: trust in another party's cooperation and trust in ability. In …
Persistent link: https://www.econbiz.de/10005866903
by allowing participants to condition their choices in an asymmetric prisoner's dilemma and a trust game (i) on their …
Persistent link: https://www.econbiz.de/10005867074
We examine experimentally two different types of trust: trust in another party's cooperation and trust in ability. In …
Persistent link: https://www.econbiz.de/10005845180
To explain potential sources of wage rigidity this article analyzes a model of reciprocalkindness applied to a repeated ultimatum game with changing and nonzeroconflict payoffs. The model is also tested in a laboratory experiment. The resultsare compatible with the rentsharingapproach to wage...
Persistent link: https://www.econbiz.de/10005866814
We experimentally examine how group identity affects trust behaviorin an investment game. In one treatment, group …) to minimal group identityto two-dimensional group identity, we find no significant differencesin trust decisions. However …, trust is significantly and positively correlatedwith contribution decisions, suggesting that "social" trust isbehaviorally …
Persistent link: https://www.econbiz.de/10005866633
important primitives of social capital trust and reciprocity - which can be used to explain deviations from the Nash equilibrium …
Persistent link: https://www.econbiz.de/10005859519
This paper studies the role of autonomy and reciprocity in explaining control averse responses in principal-agents interactions. While most of the social psychology literature emphasizes the role of autonomy, recent economic research has provided an alternative explanation based on reciprocity....
Persistent link: https://www.econbiz.de/10011308435
: Trust rather than no trust was the default. People are more trusting when the default is full trust than when it is no trust …. We introduce a new game, the distrust game (DTG), where the default is full trust and find that in it, trust levels are … higher than in the Berg, Dickhaut, and McCabe (1995) trust game (TG), where the default is no trust. At the same time …
Persistent link: https://www.econbiz.de/10010282774