Showing 1 - 10 of 10,506
Persistent link: https://www.econbiz.de/10011572777
We use a unique data set of trust game replications to validate the commonly used “trust” question from the World … Values Survey. We find that trust as measured by the World Values Survey is positively correlated with experimentally … measured trust. …
Persistent link: https://www.econbiz.de/10011041616
We collect data from 162 replications of the Berg, Dickhaut, and McCabe Investment game (the “trust” game) involving … protocols and geographic variation on this popular behavioral measure of trust and trustworthiness. Our findings indicate that … less in trust games conducted in Africa than those in North America. …
Persistent link: https://www.econbiz.de/10011051385
This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that Chinese subjects in our experiments became less accepting of Confucian values, such that they became significantly more risk loving, less loss averse, and more impatient after being...
Persistent link: https://www.econbiz.de/10010785128
Are men more willing to take financial risks than women? The answer to this question has immediate relevance for many economic issues. We assemble the data from 15 sets of experiments with one simple underlying investment game. Most of these experiments were not designed to investigate gender...
Persistent link: https://www.econbiz.de/10010573061
The present paper introduces a theoretical framework through which the degree of risk aversion with respect uncertain prices can be measured through the context of the indirect utility function (IUF) using a lab experiment. First, the paper introduces the main elements of the duality theory (DT)...
Persistent link: https://www.econbiz.de/10013368182
We demonstrate that personality has a systematic effect on strategic behavior. We focus on two personality traits … which personality affects strategic behavior. …
Persistent link: https://www.econbiz.de/10010870865
is beneficial in reducing trustees’ willingness to betray trust. In light of this, many common knowledge institutions may …
Persistent link: https://www.econbiz.de/10010664300
Are decisions in a trust game more or less sensitive to changes in risk than decisions in a purely financial, non …-social decision-making task? Participants in a binary trust game (they could either keep $5 for sure or give it to a trustee with the … 80 percent and then were asked to decide whether to trust that other person. In addition, participants made a decision in …
Persistent link: https://www.econbiz.de/10011048084
We review research suggesting that decisions to trust strangers may not depend on economic dynamics as much as … emotional and social ones. Classic treatments of trust emphasize its instrumental or consequential nature, proposing that people … trust based on expectations that their trust will be honored and the size of reward if it is. Data from our labs, however …
Persistent link: https://www.econbiz.de/10011051380