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Given that there are significant endogenous effects in trust that cause people to follow trust norms when deciding whether to trust others, trust can be modeled as a super modular game or a game with strategic complementarities in which individuals can converge on either mutual trust or mutual...
Persistent link: https://www.econbiz.de/10013117911
We experimentally disentangle two potential sources for endogenous social interactions effects. By comparing groups where the group norm is publicly observable with those where it is not we can measure the size of any endogenous observation effect. By comparing connected with disconnected groups...
Persistent link: https://www.econbiz.de/10014150448