, can affect outcomes. We explore the economics of revealing type in a simple laboratory experiment to learn about the …

one mechanism yielding these dual patterns: false consensus. In the context of a trust game experiment, we show that …Trust beliefs are heterogeneous across individuals and, at the same time, persistent across generations. We investigate … individuals extrapolate from their own type when forming trust beliefs about the same pool of potential partners - i.e., more …

Theorists and policy analysts have convincingly argued that greater trust makes a more efficient society by eliminating … trust-building contract device: satisfaction guaranteed. We find that satisfaction guaranteed indeed builds trust and … it is fully voluntary, but the guarantee only elicits the trust of buyers when it has legal backing …

the interaction between majority and minority shareholders as a trust game in which the majority is constrained by the …

questions in the context of a trust game by asking participants directly about their notions of cheating. We find that: i) both … parties to a trust exchange have implicit notions of what constitutes cheating even in a context without promises or messages …; ii) these notions are not unique - the vast majority of senders would feel cheated by a negative return on their trust …

We report results from a large randomized natural field experiment conducted in southwestern China in the context of … informal mechanisms. We also provide several pieces of evidence suggesting that trust, or lack thereof, for government …