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Using trust games, we study how promises and messages are used to build new trust where it did not previously exist and to rebuild damaged trust. In these games, trustees made non-binding promises of investment-contingent returns, then investors decided whether to invest, and finally trustees...
Persistent link: https://www.econbiz.de/10011108986
issue. (7) A root cause lies in the handling of economic science in Holland. Though other countries can already benefit from …
Persistent link: https://www.econbiz.de/10011109700
others. Thus viewed, lies are the cardinal virtues for survival and, by implication, the carriers of evolution. In the human … to take up a definite moral attitude. Certain types of lies might be morally acceptable and socially beneficial since … they may block the otherwise (most damaging) global optimum solution of a negative sum game, while other types of lies are …
Persistent link: https://www.econbiz.de/10008498459
federal laws and provisions to different forms of misconduct, including consumer fraud, deception, bribery, embezzlement, etc …
Persistent link: https://www.econbiz.de/10005836183
We examine subjects’ behavior in sender-receiver games where there are gains from trade and alignment of interests in one of the two states. We elicit subjects’ beliefs, risk and other-regarding preferences. Our design also allows us to examine the behavior of subjects in both roles, to...
Persistent link: https://www.econbiz.de/10011259082
We study a Bertrand game where two sellers supplying products of different and unverifiable qualities can outwit potential clients through their (costly) deceptive advertising. We characterize a class of pooling equilibria where sellers post the same price regardless of their quality and low...
Persistent link: https://www.econbiz.de/10011259275
equilibrium. All individuals have the same deception ability in such a stable state. In contrast, there are non-pure outcomes in … which non-Nash outcomes are played, and different deception abilities co-exist. We extend our model to study preferences …
Persistent link: https://www.econbiz.de/10011206884
at b-c=0 (b/c=1). The use of brute force and deception shifts this border into an area where the ensemble was inactive …-accumulation in source and by over-consumption in sink. Work cycles may include brute force and deception to further increase the …
Persistent link: https://www.econbiz.de/10011107899
The aim of this work is presenting in a self-contained paper some methodological aspects as they are received in the current experimental literature. The purpose has been to make a critical review of some very influential papers dealing with methodological issues. In other words, the idea is to...
Persistent link: https://www.econbiz.de/10005626840
High profile cases of exploitative labor practices have increased concerns over agricultural working conditions. However, it is unclear whether and to what extent the public is willing to trade-off fair working conditions for higher prices and food imports. We implement a large-scale survey to...
Persistent link: https://www.econbiz.de/10011195663