Showing 1 - 10 of 16
trust and trade efficiency. Guided by feedback patterns observed on eBay and other platforms we run laboratory experiments …, leading to more accurate reputation information, more trust and more efficient trade. We discuss the implications for theory … building and for managing the redesign of market trust systems. …
Persistent link: https://www.econbiz.de/10005824138
We study the interplay of inequality and trust in a dynamic growth game, in which trust increases efficiency and thus … allows higher growth of the laboratory economy in the future. We find that trust (as measured by the percentage of wealth … invested in a trust game) is initially high in a treatment starting with equal endowments, but decreases over time. In a …
Persistent link: https://www.econbiz.de/10011048177
We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …
Persistent link: https://www.econbiz.de/10010264271
Feedback withdrawal mechanisms in online markets aim to facilitate the resolution of conflicts during transactions. Yet, frequently used online feedback withdrawal rules are flawed and may backfire by inviting strategic transaction and feedback behavior. Our laboratory experiment shows how a...
Persistent link: https://www.econbiz.de/10012603351
Reciprocal feedback distorts the production and content of reputation information, hampering trust and trade efficiency … changes in the way feedback information flows through the system, leading to more accurate reputation information, more trust …
Persistent link: https://www.econbiz.de/10005004031
We study the interplay of inequality and trust in a dynamic game, where trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …
Persistent link: https://www.econbiz.de/10005754938
We study the interplay of inequality and trust in a dynamic game, in which trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …
Persistent link: https://www.econbiz.de/10005416497
We study the interplay of inequality and trust in a dynamic game, where trust increases efficiency and thus allows … higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with … equal endowments, but decreases over time. In a treatment with unequal endowments, trust is initially lower yet remains …
Persistent link: https://www.econbiz.de/10005704393
Two firms, each consisting of a team with the owner and just oneemployee, compete on the labor market with free labor mobility. Afterobserving the investment decisions by firm owners their employees canengage in costly training, thus increasing their general and firm-specificproductivity, which...
Persistent link: https://www.econbiz.de/10005866874
trust and trade efficiency. Guided by feedback patterns observed on eBay and other platforms, we run laboratory experiments …, leading to more accurate reputation information, more trust, and more efficient trade. We discuss the implications for theory … building and for managing the redesign of market trust systems. <i>This paper was accepted by Teck Ho, decision analysis.</i> …
Persistent link: https://www.econbiz.de/10010990498