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The Dynamics of Trust and Trustworthiness on EBay. AnEvolutionary Analysis of Buyer Insurance and Seller Reputation
Güth, Werner; Mengel, Friederike; Ockenfels, Axel - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2006
market platforms such as eBay) interact to promote trustworthinessand trust. Our analysis suggests that the costs involved in … crowds out trust and trustworthiness. …
Persistent link: https://www.econbiz.de/10005866721
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The Coevolution of Trust and Institutions in Anonymous and Non-anonymous Communities
Güth, Werner; Ockenfels, Axel - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002
environment drive the evolution of trust and trustworthiness through the evolution of moral preferences, and how in turn the … in non-anonymous communities supports the evolution of trust and thus crowds out legal institutions. If anonymous … emergence of trust. …
Persistent link: https://www.econbiz.de/10005867083
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The Coevolution of Morality and Legal Institutions - An indirect evolutionary approach
Güth, Werner; Ockenfels, Axel - Max-Planck-Institut für Ökonomik <Jena> - 2002
Evolutionary game theory is often used to analyze the evolution of moral preferences. A few studies also examine the co-evolution of preferences and an institutional aspect of the environment. Allowing the adaption of just one institutional aspect such as litigation or legal insurance to...
Persistent link: https://www.econbiz.de/10005867095