effects on trust and performance in exchange relations through a laboratory experiment. Formal institutions are modeled as … third-party contract enforcement while informal institutions are represented as shared group identity. Results show that … trust choices increase as contract enforcement increases but are not affected by shared group identity. However, performance …

our experiment preferences for social welfare and those for equality call for different actions. Surprisingly, even … experiment, even when it is not in a selfish world.-- Experiments ; incomplete contracts ; relationship-specific investment …

an experiment with two treatment variables: one that determines when the harmed party announces its potential damage …

In line with the widely applied principle of just deserts, we assume that the severity of the penalty on a contract … promises. -- Partnerships ; contracts ; pre-play communication ; legal enforcement ; social norms ; guilt …

regulated the labor market is. In our experiment long–term employment can result either from offering long–term contracts or from … the employment contract to changes of the market (wage). All treatments allow for longer contract duration as well as for … mutually opting to be rematched. Effort is chosen by employees after a contract is concluded. Treatments vary from no flexibility …

known output distributions. -- Ambiguity aversion ; tournaments ; Ellsberg urn ; contract design …

destructive nature of intergroup conflicts. -- Communication ; Conflict ; Experiment ; Rent-seeking …Numerous studies suggest that communication may be a universal means to mitigate collective action problems. In this … study, we challenge this view and show that the communication structure crucially determines whether communication mitigates …