Schniter, Eric; Sheremeta, Roman; Sznycer, Daniel - Volkswirtschaftliche Fakultät, … - 2013
Using trust games, we study how promises and messages are used to build new trust where it did not previously exist and … to rebuild damaged trust. In these games, trustees made non-binding promises of investment-contingent returns, then … and promises closer to equal splits to encourage trust in the second game. To restore damaged trust, promise-breakers used …