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Oxytocin has been proposed to regulate human trust. Previous experiments supported this claim by demonstrating that … exogenous and endogenous oxytocin is associated with trust (how much trust people place in strangers) and reciprocity (how much … people reciprocate when trusted). However, recent replication attempts have been unsuccessful in demonstrating the trust …
Persistent link: https://www.econbiz.de/10014420475
Trust and reciprocity promote cooperation and are key elements of a successful social life. This study investigated the … framing effects on trust and reciprocity behaviors. Using an iterated one-shot within-subjects design, this study explored how … trust and reciprocity decisions changed when the game was framed in terms of a give (i.e., using a standard trust game with …
Persistent link: https://www.econbiz.de/10014420214
Persistent link: https://www.econbiz.de/10011911886
Trust and reciprocity have paramount importance in cooperative relationships. The influence of psychological effects … such as framing and anchoring on trust and reciprocity has been investigated; however, the impact of an order effect on … them is still unexplored. The goal of our study was to examine how order impacts the framing of trust and reciprocity by …
Persistent link: https://www.econbiz.de/10014422225
We study differences in behavior across countries in a labor market context. To this end, we conducted a bilateral gift-exchange experiment comparing the behavior of subjects from five high-income OECD countries: Germany, Spain, Israel, Japan and the USA. We observe that in all countries, effort...
Persistent link: https://www.econbiz.de/10011383829
This paper departs from the standard profit-maximizing model of firm behavior by assuming that firms are motivated in part by personal animosity–or respect–towards their competitors. A reciprocal firm responds to unkind behavior of rivals with unkind actions (negative reciprocity), while at...
Persistent link: https://www.econbiz.de/10009753710
The paper presents a complete information model of bidding in second price sealed-bid and ascending-bid (English) auctions, in which potential buyers know the unit valuation of other bidders and may spitefully prefer that their rivals earn a lower surplus. Bidders with spiteful preferences...
Persistent link: https://www.econbiz.de/10009752417
Despite the accumulation of research on indirect reciprocity over the past 30 years and the publication of over 100,000 related papers, there are still many issues to be addressed. Here, we look back on the research that has been done on indirect reciprocity and identify the issues that have...
Persistent link: https://www.econbiz.de/10012431933
Intensive studies on indirect reciprocity have explored rational assessment rules for maintaining cooperation and several have demonstrated the effects of the stern-judging rule. Uchida and Sasaki demonstrated that the stern-judging rule is not suitable for maintaining cooperative regimes in...
Persistent link: https://www.econbiz.de/10012167923
Persistent link: https://www.econbiz.de/10013268229