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We experimentally examine the effects of price competition in markets for expe-rience goods where sellers can build up reputations for quality. We compare price competition to monopolistic markets and markets where prices are exogenously fixed (somewhere between the endogenous oligopoly and...
Persistent link: https://www.econbiz.de/10010498486
We experimentally examine the effects of price competition in markets for experience goods where sellers can build up reputations for quality. We compare price competition to monopolistic markets and markets where prices are exogenously fixed (somewhere between the endogenous oligopoly and...
Persistent link: https://www.econbiz.de/10010188722
This study presents descriptive and causal evidence on the role of social environment for the formation of prosociality. In a first step, we show that socioeconomic status (SES) as well as the intensity of mother-child interaction and mothers' prosocial attitudes are systematically related to...
Persistent link: https://www.econbiz.de/10012064400
, participants presented with a quality certificate chose higher donations by around 10% and reported higher trust towards the same …
Persistent link: https://www.econbiz.de/10011863397
institutional trust in post-reunification Germany. We also find substantial and long-lasting economic effects of Stasi surveillance …
Persistent link: https://www.econbiz.de/10012120010
certificate increases trust in the nonprofit organization. There is some evi-dence pointing to the causal role of trust for …
Persistent link: https://www.econbiz.de/10011639053
Since the financial crisis, central banks have stressed the role of trust and communication in connection with their … effectiveness of monetary policy. Assessing how much the general public knows about and trust in central banks and how these factors …' objectives. Knowledge of the ECB's and the Bundesbank's goals act as significant drivers of trust in these institutions, however …
Persistent link: https://www.econbiz.de/10011897980
Although the incidence of conflicts between Fulani nomadic pastoralists and sedentary farmers in Nigeria have risen significantly during the last decade, no study has, to the best of my knowledge, examined how these conflicts influence distrust of members of the Fulani ethnic group and the...
Persistent link: https://www.econbiz.de/10013502434
Persistent link: https://www.econbiz.de/10014296997
Trust is an important condition for economic growth and other economic outcomes. Previous studies suggest that the … decision to trust is driven by a combination of risk attitudes, distributional preferences, betrayal aversion, and beliefs … about the probability of being reciprocated. We compare the results of a binary trust game to the results of a series of …
Persistent link: https://www.econbiz.de/10014492180