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We run an experiment in which students of different European nationalities are matched in groups of five and repeatedly choose with whom within their group they want to play a trust game. Participants observe of each other age, gender, nationality and number of siblings. The region of origin,...
Persistent link: https://www.econbiz.de/10008468504
of trustworthiness, could generate the non-monotonic relationship between trust and income. Highly trustworthy … risk, to be cheated more often and ultimately perform less well than those who happen to have a trustworthiness level close … to the mean of the population. On the other hand, the low-trustworthiness types form beliefs that are too conservative …
Persistent link: https://www.econbiz.de/10008528520
This Paper discovers significant differences between southern and northern Europeans in a dynamic version of the ‘trust game’ played by Ph.D. students from different nationalities at the European University Institute. Our version of the trust game allows subjects to choose the receivers to...
Persistent link: https://www.econbiz.de/10005067472
senders’ behaviour in the standard trust game, but only with his trustworthiness. By using a large sample of German households … with its trustworthiness. In this paper we resolve this puzzle by recognizing that trust has two components: a belief …
Persistent link: https://www.econbiz.de/10005504794
When we take a cab we may feel cheated if the driver takes an unnecessarily long route despite the lack of a contract or promise to take the shortest possible path. Is our decision to take the cab affected by our belief that we may end up feeling cheated? Is the behavior of the driver affected...
Persistent link: https://www.econbiz.de/10011083918
trust beliefs after several rounds of game-play. Moreover, we show that one's own type/trustworthiness can be traced back to …
Persistent link: https://www.econbiz.de/10011084116
the power of our approach with the analysis of trust and trustworthiness in Germany by combining representative survey …
Persistent link: https://www.econbiz.de/10005661984