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to close this gap and explains social drinking as a trust facilitating device. Since alcohol consumption tends to make … some people (unwillingly) tell the truth, social drinking can eventually serve as a signaling device in social contact … games. Empirical support is obtained from a cross-country analysis of trust and a newly developed index of moderate alcohol …
Persistent link: https://www.econbiz.de/10009368114
consumption. -- social and public drinking ; alcohol consumption ; social contact games ; trust ; signaling … to close this gap and explains social drinking as a trust facilitating device. Since alcohol consumption tends to make … some people (unwillingly) tell the truth, social drinking can eventually serve as a signaling device in social contact …
Persistent link: https://www.econbiz.de/10009375457
Persistent link: https://www.econbiz.de/10010364672
We generalize the canonical problem of Nash implementation by allowing agents to voluntarily provide discriminatory signals, i.e. evidence. Evidence can either take the form of hard information or, more generally, have differential but non-prohibitive costs in different states. In such...
Persistent link: https://www.econbiz.de/10011690726
queue can therefore be a valuable signaling device for a high-quality firm …
Persistent link: https://www.econbiz.de/10014045424
Persistent link: https://www.econbiz.de/10012510183
In this paper we undertake an empirical study of advertising in an online auctions market, or, more precisely, advertising on eBay. The type of advertising that we consider works as follows: at the time of listing the item on eBay, sellers are offered the option of incurring an extra fee in...
Persistent link: https://www.econbiz.de/10014026722
learned from reputation deals. Furthermore, a signaling model of teaming is developed that captures in a consistent way the …
Persistent link: https://www.econbiz.de/10005176486
social norms of trust. We find that in certain cases, i.e. when the partnership is very rewarding in absolute terms and the … risk of exploitation from defector partners is relatively low, pure trust may emerge as a social standard of behaviour in a …-phase transition to pure trust may emerge: in the first phase, 'cautious' co-operators who monitor the partner spread over, to be …
Persistent link: https://www.econbiz.de/10011608313
Often information structures are such that while individual reputation building is impossible groups of agents would have the possibility of building up a reputation. We experimentally examine whether groups of sellers in markets that suffer from moral hazard are able to build up reputations...
Persistent link: https://www.econbiz.de/10010312164