Showing 1 - 5 of 5
set of measures of personality traits, namely locus of control, reciprocity and all basic items from the Five Factor …
Persistent link: https://www.econbiz.de/10004963791
While social relationships play an important role for individuals to cope with missing market institutions, they also limit individuals' range of trading partners. This paper aims at understanding the determinants of trust at various social distances when information asymmetries are present....
Persistent link: https://www.econbiz.de/10008498394
We experimentally test the efficacy of indenture as a self-enforced contract device. In an indenture game, the principal signals the intention of payment-on-delivery, by tearing a banknote and giving the agent half of it as "prepayment"; the agent receives the completing half after delivering...
Persistent link: https://www.econbiz.de/10005069044
behavior. We focus on entrepreneurs who are permanently facing exchange processes in the interplay with investors, sellers, and … buyers, as well as needing to trust others and reciprocate with their network. We base our analysis on the German Socio …-Economic Panel and recently introduced questions about trust, positive reciprocity, and negative reciprocity to examine the extent …
Persistent link: https://www.econbiz.de/10008765038
In this paper we study the economic effects of risk attitudes, time preferences, trust and reciprocity while we compare … the two groups mainly in terms of risk attitudes and positive reciprocity. Second generation migrants have a significantly … higher willingness to take risks and they are less likely to have a low amount of positive reciprocity when compared to …
Persistent link: https://www.econbiz.de/10008765852