We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …

Many Internet markets rely on ‘feedback systems’, essentially social networks of reputation, to facilitate trust and … market encounters are one-shot) most frequently enhances trust and trustworthiness, and always increases total gains … each other) in promoting trust and trustworthiness if the market is sufficiently competitive. We conclude that, overall …

We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …

trust and trustworthiness in anonymous transactions. Market competition creates incentives that arguably may enhance or curb … strangers networks (where market encounters are one-shot) most frequently enhances trust and trustworthiness, and always … maintain repeated exchange with each other) in promoting trust and trustworthiness if the market is sufficiently competitive …

As the Internet economy has grown, so too has the need for trust. A degree of trust is a critical ingredient in … virtually all economic relationships, Internet or otherwise. Every day we choose to trust plumbers, doctors, employers …, employees, teachers, airlines, and others. The need for trust arises from the fact that we cannot contract on every move other …