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This paper reports decision-making experiments designed to assess to what extent trade in virtual environments can reduce the trust deficit commonly associated with traditional e-commerce compared with 'physical' trade. Our approach is based on previous findings that trust is related to the...
Persistent link: https://www.econbiz.de/10012718869
The standard chicken game is a popular model of certain important real scenarios but does not allow for the escalation behavior these are typically associated with. This is problematic if the critical, final decisions in these scenarios are sensitive to previous escalation. We introduce and...
Persistent link: https://www.econbiz.de/10013125055