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Most economic models are based on the self-interest hypothesis that assumes that all people are exclusively motivated by their material self-interest. In recent years experimental economists have gathered overwhelming evidence that systematically refutes the self-interest hypothesis and suggests...
Persistent link: https://www.econbiz.de/10005094414
This paper investigates how group membership and competition among trustors interact with trust and trustworthiness in … competition leads to a decrease in trustworthiness, especially among partners. We argue that once competition comes into play …
Persistent link: https://www.econbiz.de/10008572470