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

decision strategies in a manner that is consistent with its name: significantly lower levels of trust and decreased … personality on investor trust and trustee reciprocity in the presence relative to the absence of the investor's option to punish … levels of investor trust and trustee reciprocity, while there is a significant increase in both behaviors when punishment was …

conducted a real effort fairness experiment where people in two of the world's richest countries, Norway and Germany, interacted … directly with people in Uganda and Tanzania, two of the world's poorest countries. In this experiment, the participants were …. First, entitlement considerations are crucial in explaining the distributive behavior of rich people in the experiment …

inequalities can arise in the time as well as in the social dimension. The results of our experiment show that for equal monetary …

We analyze gender differences in the trust game in a behind the veil of ignorance design. This method yields strategies … that are consistent with actions observed in the classical trust game experiments. We observe that, on average, men and … women do not differ in trust, and that women are slightly more trustworthy. However, men's strategies are bimodal, peaking …

affects the performance of firms that increase the power of the incentive schemes. In a laboratory experiment, we let subjects … high trust or reciprocity in the trust game are more likely to choose team incentives. When exposed to individual …

Can the risk of losses upon premature liquidation produce bank runs? We show how a unique run equilibrium driven by … asset liquidity risk arises even under minimal fundamental risk. To study the role of illiquidity we introduce realistic … not available in a run, asset liquidity risk has a concave effect on run incentives, quite unlike fundamental risk. Runs …