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We examine the degree of trust and trustworthiness in an experimental trust game with 662 participants from six different age groups, ranging from 8-year-olds to retired persons. Although both trust and trustworthiness have been identified as fundamental pillars for efficient economic...
Persistent link: https://www.econbiz.de/10005785102
warm-glow motive. Second, the paper confirms the economic relevance of reciprocity by using field data. This extends the … current body of research on reciprocity, which is almost exclusively confined to laboratory studies. …
Persistent link: https://www.econbiz.de/10005685521
shocks. Moreover, reciprocity is the strongest when the relationship between planters and the firm is longterm. …
Persistent link: https://www.econbiz.de/10005490037
The use of experimental settings to observe human behaviour in a controlled environment of incentives, rules and institutions, has been widely used by the behavioural sciences for some time now, particularly by psychology and economics. In most cases the subjects are college students recruited...
Persistent link: https://www.econbiz.de/10005432520
that employee's reciprocity requires a clear assessment of the surplus at stake. …
Persistent link: https://www.econbiz.de/10005432523