Showing 1 - 10 of 242
implement a control strategy, which consists of low effort discretion and little or no rent-sharing, or they implement a trust … control strategy prevails, while the possibility of screening renders the trust strategy profitable. The introduction of … competition substantially fosters the trust strategy, reduces market segmentation, and leads to large welfare gains for both …
Persistent link: https://www.econbiz.de/10010269521
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions and particularly trust in banks, business and government has declined … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in …
Persistent link: https://www.econbiz.de/10010278438
Reputation systems aim to induce honest behavior in online trade by providing information about past conduct of users …. Online reputation, however, is not directly connected to a person, but only to the virtual identity of that person. Users can … therefore shed a negative reputation by creating a new account. We study the effects of such identity changes on the efficiency …
Persistent link: https://www.econbiz.de/10010377343
Reputation systems aim to induce honest behavior in online trade by providing information about past conduct of users …. Online reputation, however, is not directly connected to a person, but only to the virtual identity of that person. Users can … therefore shed a negative reputation by creating a new account. We study the effects of such identity changes on the efficiency …
Persistent link: https://www.econbiz.de/10010884234
implement a control strategy, which consists of low effort discretion and little or no rent-sharing, or they implement a trust … control strategy prevails, while the possibility of screening renders the trust strategy profitable. The introduction of … competition substantially fosters the trust strategy, reduces market segmentation, and leads to large welfare gains for both …
Persistent link: https://www.econbiz.de/10008543256
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions – and particularly trust in banks, business and government – has declined … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in …
Persistent link: https://www.econbiz.de/10008868129
trust. Focusing on second generation immigrants in Australia and the United States, we exploit the variation in the home and … individual trust. Our results indicate that trust in the home country contributes to the trust of second generation immigrants in … crime rate, economic inequality, race inequality and segregation by country of origin, also affect trust. Evidence for first …
Persistent link: https://www.econbiz.de/10010293233
opportunistically. We find that most principals in our experiment do not restrict the agent?s choice set but trust that the agent will … perform well voluntarily. Principals who trust induce, on average, a higher performance and hence earn higher payoffs than …
Persistent link: https://www.econbiz.de/10010261958
power of our approach with the analysis of trust and trustworthiness in Germany by combining representative survey data with … representative behavioral data from a social dilemma experiment. We identify which survey questions intended to elicit people's trust … correlate well with behaviorally exhibited trust in the experiment. People above the age of 65, highly skilled workers and …
Persistent link: https://www.econbiz.de/10010262013
In this paper we test the effect of trust on the choice of child care technology. We estimate individual-level trust as …). Compared to other measures of trust, using this technique has several advantages: It makes more efficient use of information by … to trust using data from the European Social Survey, we analyze their personal, demographic, and regional determinants …
Persistent link: https://www.econbiz.de/10010268110