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 …

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 …

We study in an experiment whether humans prefer to depend on decisions of other humans (social uncertainty) or states … other humans. This is the first experiment that studies social uncertainty that does not derive from a strategic situation …

of the experiment indicate that targeting is an effective instrument to promote trustful behavior, whereas subsidy policy …

subjectively-colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we …