Showing 1 - 10 of 48
While previous research documents a negative relationship between government size and economic growth, suggesting an economic cost of big government, a given government size generally affects growth differently in different countries. As a possible explanation of this differential effect, we...
Persistent link: https://www.econbiz.de/10011241842
We experimentally examine the effects of price competition in markets for expe-rience goods where sellers can build up reputations for quality. We compare price competition to monopolistic markets and markets where prices are exogenously fixed (somewhere between the endogenous oligopoly and...
Persistent link: https://www.econbiz.de/10011213915
This paper investigates in a principal-agent environment whether and how group membership influences the effectiveness of incentives and when incentives can have “hidden costs”, i.e., a detrimental effect. We show experimentally that in all interactions control mechanisms can have hidden...
Persistent link: https://www.econbiz.de/10011252294
We show that the standard trust question routinely used in social capital research is importantly related to … others’ cooperation. We find that the standard trust question is a proxy for cooperation preferences rather than beliefs … trust question, is also related to cooperation behavior but operates through beliefs rather than preferences. …
Persistent link: https://www.econbiz.de/10009325735
and ethnically homogeneous populations. Using trust and prisoner's dilemma games, we found that students in a neighborhood … with high Mafia involvement exhibit lower generalized trust and trustworthiness, but higher in-group favoritism, with …
Persistent link: https://www.econbiz.de/10010773922
We look at the effect of importance of religion in daily life on social trust, defined as the share of a population … trust, both internationally and within the U.S. The size of this association increases with the degree of religious …
Persistent link: https://www.econbiz.de/10011048103
We study the effects of reputation and competition in a trust game. If trustees are anonymous, outcomes are poor …: trustees are not trustworthy, and trustors do not trust. If trustees are identifiable and can, hence, build a reputation … minimal information, eliminates the trust problem almost completely. …
Persistent link: https://www.econbiz.de/10011049711
This paper investigates in a principal–agent environment whether and how group membership influences the effectiveness of incentives and when incentives can have “hidden costs”, i.e., a detrimental effect. We show experimentally that in all interactions control mechanisms can have hidden...
Persistent link: https://www.econbiz.de/10011049787
While previous research documents a negative relationship between government size and economic growth, suggesting an economic cost of big government, a given government size generally affects growth differently in different countries. As a possible explanation of this differential effect, we...
Persistent link: https://www.econbiz.de/10010945001
Persistent link: https://www.econbiz.de/10008596782