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market platforms such as eBay) interact to promote trustworthinessand trust. Our analysis suggests that the costs involved in … crowds out trust and trustworthiness. …
Persistent link: https://www.econbiz.de/10005866721
ideas apply to a game of trust. We discuss whether theflexibility of the approach is a virtue or a vice. …
Persistent link: https://www.econbiz.de/10005866813
We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different … age groups, ranging from 8 year old primary school children to retired persons in their late sixties. Although both trust … research has devoted surprisingly little attention to their development with age. Our results provide clear evidence that trust …
Persistent link: https://www.econbiz.de/10005866861
Two firms, each consisting of a team with the owner and just oneemployee, compete on the labor market with free labor mobility. Afterobserving the investment decisions by firm owners their employees canengage in costly training, thus increasing their general and firm-specificproductivity, which...
Persistent link: https://www.econbiz.de/10005866874
We analyze the effects of introducing asymmetric information andexpectations in the investment game (Berg et al., 1995). In our experiment,only the trustee knows the size of the surplus. Subjects’expectations about each other’s behavior are also elicited. Our resultsshow that average payback...
Persistent link: https://www.econbiz.de/10005866876
We examine experimentally two different types of trust: trust in another party's cooperation and trust in ability. In …
Persistent link: https://www.econbiz.de/10005866903
Trust that suppliers and buyers will keep their word is a necessary ingredient to a wellfunctioning marketplace …, putting them out of the reach ofthe legal safeguards and the long-term relationships that build trust in the brick …
Persistent link: https://www.econbiz.de/10005867032
Whether incentive contracts perform better than trust in terms of productiveefficiency is usually explored by principal …, we find that (mutual) trust is as good as incentivecontracts in inducing costly actions by employees. Moreover, we …
Persistent link: https://www.econbiz.de/10005867038
by allowing participants to condition their choices in an asymmetric prisoner's dilemma and a trust game (i) on their …
Persistent link: https://www.econbiz.de/10005867074
environment drive the evolution of trust and trustworthiness through the evolution of moral preferences, and how in turn the … in non-anonymous communities supports the evolution of trust and thus crowds out legal institutions. If anonymous … emergence of trust. …
Persistent link: https://www.econbiz.de/10005867083