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This is an experimental study of a three-player power-to-take game where a take authority is matched with two responders. The game consists of two stages. In the first stage, the take authority decides how much of the endowment of each responder that is left after the second stage will be...
Persistent link: https://www.econbiz.de/10005144451
This is an experimental study of a three-player power-to-take game where a take authority is matched with two responders. The game consists of two stages. In the first stage, the take authority decides how much of the endowment of each responder that is left after the second stage will be...
Persistent link: https://www.econbiz.de/10011338002
in which the effectiveness of mutual monitoring depends not on these factors, but rather on strong reciprocity: the … reciprocity in teams. -- team production ; public good ; monitoring ; punishment ; experiment …
Persistent link: https://www.econbiz.de/10003314674
An investment game is used to generate indices of trust and reciprocity from 182 young adults. The raw data indicate … introduced into the reciprocity model, it interacts significantly with the trust exhibited by the sender to increase the … explanatory power of the model. The improved models of trust and reciprocity are now based on behavioral, rather than the physical …
Persistent link: https://www.econbiz.de/10014026832
Prior experimental studies provide evidence that the levels of trust and reciprocity are highly susceptible to … trustworthiness. We use the Berg et al. (1995) investment game to generate indices of trust and reciprocity. Prior to their … treatments in the analysis of the trust and reciprocity data. In addition to these preference related variables, gender is …
Persistent link: https://www.econbiz.de/10013146970
We define social reciprocity as the act of demonstrating one's disapproval, at some personal cost, for the violation of … widely-held norms (e.g., don't free ride). Social reciprocity differs from standard notions of reciprocity because social … altruism. Instead, we posit that social reciprocity is a triggered normative response. Our experiment confirms the existence of …
Persistent link: https://www.econbiz.de/10013318988
information even when costly. We find fairly high trust and trustworthiness levels in all markets, with buyers showing a …, ceteris paribus, evidence that the availability of feedback-provision histories increases buyer trust by reducing missing …
Persistent link: https://www.econbiz.de/10005523104
Often information structures are such that while individual reputation building is impossible groups of agents would have the possibility of building up a reputation. We experimentally examine whether groups of sellers in markets that suffer from moral hazard are able to build up reputations...
Persistent link: https://www.econbiz.de/10010312164
Arguing that consumers are the carriers of firms’ reputations, we examine the role of consumer networks for trust in …' incentives for reputation building and, thus, enhances trust and efficiency in markets. This efficiency-enhancing effect is …
Persistent link: https://www.econbiz.de/10005661429
Arguing that consumers are the carriers of firms’ reputations, we examine the role of consumer networks for trust in …' incentives for reputation building and, thus, enhances trust and efficiency in markets. This efficiency-enhancing effect is …
Persistent link: https://www.econbiz.de/10005749642