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In this paper, we address trust by combining (i) the self-reported trust and belief in trustworthiness of others from a … preferences, (iii) strategies submitted in a trust game in both roles of the game, and (iv) subjects' beliefs about the stategies … show that trust can be expressed as a belief in positive reciprocity by the trustee. Distributional preferences also play a …
Persistent link: https://www.econbiz.de/10005148487
In this paper we provide evidence that trust and reciprocity, the two key elements of social capital, are affected by … trusting and reciprocal behaviour and we show significant cross-country differences between the levels of trust and reciprocity …. We also show that the answers for ¡®trust in strangers¡¯ type attitudinal questions have a significant effect either on …
Persistent link: https://www.econbiz.de/10009351200
-person trust game. Players are typed based on their recent track record as whether or not they are trusting (Players 1) and whether …
Persistent link: https://www.econbiz.de/10005125594
trust and reciprocity in a population where agents play both roles (trustor and trustee). Our experiment consists on three … does not affect the average trust in the population. Trust is significantly higher only when players can build up a … reputation in both roles. We show that the increase in trust is mainly linked to the formation of mutual trust …
Persistent link: https://www.econbiz.de/10010577290
Although it is well known that trust is an important component of the fulfilment of incomplete contracts, less is known …
Persistent link: https://www.econbiz.de/10010820329
In this paper, we address the concept of trust by combining (i) the self-reported trust and belief in trustworthiness …' distributional preferences, (iii) strategies submitted in the trust game in both roles of the game, and (iv) subjects' beliefs about … scoring rule.We show that trust can be expressed as a belief in positive reciprocity of the trustee, and answers to general …
Persistent link: https://www.econbiz.de/10011091891
Is culture an important variable to explain whether groups can successfully provide public goods? A wealth of empirical evidence on both industrialized and developing countries shows that cooperation levels decrease in the presence of ethnic divisions. Although several laboratory works deal with...
Persistent link: https://www.econbiz.de/10010991175
Microfinance is generally associated with high repayment rates. However, it is not clear whether the success of microfinance results only from the use of group lending or is also due to other mechanisms such as peer sanctioning or dynamic incentives induced by long-term relationships that are...
Persistent link: https://www.econbiz.de/10010854390
We report an experimental test of the influence of ambiguity on behaviour in a coordination game. We study the behaviour of subjects in the presence of ambiguity and attempt to determine whether they prefer to choose an ambiguity safe option. We fi?nd that this strategy, which is not played in...
Persistent link: https://www.econbiz.de/10010883468
Industrial organization is mainly concerned with the behavior of large firms, especially when it comes to oligopoly theory. Experimental industrial organization, therefore, faces a problem: How can firms be brought into the laboratory? The main approach relies on framing: Call individuals...
Persistent link: https://www.econbiz.de/10010954757