We analyze the effects of introducing asymmetric information and expectations in the investment game (Berg et al., 1995 …). In our experiment, only the trustee knows the size of the surplus. Subjects’ expectations about each other’s behavior are …

This paper uses a controlled laboratory environment and a two-person investment game in a multi-period setting to … trust by over 30% in both cases. To control for a treatment sequence effect, we conducted the experiment in a reverse order …

evidence on the effects of transparency and empowerment on trust (investment by a principal) and trustworthiness (reciprocal … behavior of an agent) in a simple two-person investment game. We find that when principals are empowered by being able to … punish agents who may not act in a way the principal believes is in the principal’s best interest, trust and investment …

experiment is related to children’s risk attitudes and intertemporalchoices. Examining such a relationship is motivated by …

experiment is related to children’s risk attitudes and intertemporal choices. Examining such a relationship is motivated by …

experiment is related to children’s risk attitudes and intertemporal choices. Examining such a relationship is motivated by …

present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions …