this end we develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward …

the joy, fear, and control groups, where decision makers deviate more from payoff-maximizing behaviors and are more …

(5), pages 1114-1144.<P> We estimate the deterrence effects of U.S. merger policy instruments with respect tothe composition and …-wins andcourt-losses: deterrence variables akin to the traditional conditional probabilities from theeconomics of crime literature … conditional probability of eliciting an antitrust challenge (i.e.,remedies and prohibitions) involves the strongest deterrence …

perspective of transaction cost economics indicates why this industry relies on hybrid forms of organisation. Trust between the …

networks and related high intra-group trust constitute the major reasons for co-ethnic employment by lowering information and …

not onlymutual trust, like simple exchange, but also a substantial degree of coordination. We examinewhether players are …

suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of … this paper shows that more trust leads to more trade so that part of the "mystery of missing trade" can be attributed to … the lack of trust between trading partners, e.g. because of cultural differences and habits, or because of insufficient …

paper, Knack and Keefer (1997) assess the effect of trust on growth. This paper analyses the robustness of their results … the relationship between trust and growth in terms of both the size and the significance of the estimated effect, is … highly dependent on the set of conditioning variables. An answer to the question whether there is an economic payoff of trust …

different dimensions of trust. In thispaper we estimate effects of closure positions on two dimensions of trust (trust in … strongly support the gossip argument for bothdimensions of trust. However, the data only gave weak and ambiguous support for …