Showing 1 - 10 of 2,301
Broadly speaking, economic experiments and surveys have found trust to be much lower in Africa than in industrialized … countries. We analyze new experimental and survey results from rural Cameroon, where the average level of trust appears to be … Saving and Credit Associations (ROSCAs) in the area: membership of a common ROSCA is one of the most important factors …
Persistent link: https://www.econbiz.de/10010611243
trust, an aspect of social capital, between domestic Australian students of non-Asian origin and international students of … Asian origin. To measure the degree of trust and patterns of discrimination between these groups, the Berg et al. (1995 …) trust game and a series of control games were used in framework where each participant played each game against several …
Persistent link: https://www.econbiz.de/10010577427
Reciprocity in feedback giving distorts the production and content of reputation information in a market, hampering … trust and trade efficiency. Guided by feedback patterns observed on eBay and other platforms, we run laboratory experiments … to investigate how reciprocity can be managed by changes in the way feedback information flows through the system …
Persistent link: https://www.econbiz.de/10010990498
definitions of trust and trustworthiness based on revealed willingness to accept vulnerability and the response to it. …
Persistent link: https://www.econbiz.de/10010905947
grossed-up investments proposed by their agents in a modified trust game. We also analyze the changes in the surplus … associated with the introduction of empowerment and the resulting increase in trust by principals. Using probit analysis, we find … that the trust displayed by the principal and the trustworthiness of the agent are statistically significant variables in …
Persistent link: https://www.econbiz.de/10010940822
trust and reciprocity, departing from pure self-interest in the understanding of "homo economicus", begins the discussion … of theory and experiments that have identified trust and reciprocity in economics and human behavior. … understanding of the economics of trust, trustworthiness, and reciprocal behavior. A general summary presenting the evolution of …
Persistent link: https://www.econbiz.de/10010960086
requires not only mutual trust, like simple exchange, but also a substantial degree of coordination. We examine whether players …
Persistent link: https://www.econbiz.de/10005209458
Purpose – The aim of this paper is to study the economic effects of risk attitudes, time preferences, trust and … reciprocity and to compare natives and second generation migrants. Design/methodology/approach – This paper is based on the IZA … and positive reciprocity. Second generation migrants have a significantly higher willingness to take risks and they are …
Persistent link: https://www.econbiz.de/10010539775
Experimental evidence has accumulated highlighting the limitations of formal and explicit contracts in certain situations, and has identified environments in which informal and implicit contracts are more efficient. This paper documents the superior performance of explicit over implicit...
Persistent link: https://www.econbiz.de/10010540925
Previous literature has demonstrated the important role that trust plays in developing and maintaining well …-functioning societies. However, if we are to learn how to increase levels of trust in society, we must first understand why people choose to … trust others. One potential answer to this is that people view trust as normative: there is a social norm for trusting that …
Persistent link: https://www.econbiz.de/10009294350