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We examine the influence of guilt and trust on the performance of credence goods markets. An expert can make a promise to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert's provision and charging decisions. We argue that the expert's...
Persistent link: https://www.econbiz.de/10010294816
We examine the influence of guilt and trust on the performance of credence goods markets. An expert can make a promise to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert's provision and charging decisions. We argue that the expert's...
Persistent link: https://www.econbiz.de/10010269892
and indirect reciprocity as well as third-party punishment - emerges earliest as an effective means to increase … of defectors is applied. Children also engage in reciprocating others, showing that reciprocity strategies are already … prevalent at a very young age. However, direct and indirect reciprocity treatments do not increase overall cooperation rates, as …
Persistent link: https://www.econbiz.de/10012603378
and indirect reciprocity as well as third-party punishment - emerges earliest as an effective means to increase … of defectors is applied. Children also engage in reciprocating others, showing that reciprocity strategies are already … prevalent at a very young age. However, direct and indirect reciprocity treatments do not increase overall cooperation rates, as …
Persistent link: https://www.econbiz.de/10012614680
; direct and indirect reciprocity as well as third-party punishment - emerges earliest as an effective means to increase … of defectors is applied. Children also engage in reciprocating others, showing that reciprocity strategies are already … prevalent at a very young age. However, direct and indirect reciprocity treatments do not increase overall cooperation rates, as …
Persistent link: https://www.econbiz.de/10012659965
reciprocity, and third-party punishment – emerges earliest as a means to increase cooperation in a repeated prisoner’s dilemma … reciprocate others’ behavior, yet direct and indirect reciprocity do not increase overall cooperation rates. We also examine the …
Persistent link: https://www.econbiz.de/10012799704
and indirect reciprocity as well as third-party punishment – emerges earliest as an effective means to increase … of defectors is applied. Children also engage in reciprocating others, showing that reciprocity strategies are already … prevalent at a very young age. However, direct and indirect reciprocity treatments do not increase overall cooperation rates, as …
Persistent link: https://www.econbiz.de/10012597613
and indirect reciprocity as well as third-party punishment – emerges earliest as an effective means to increase … of defectors is applied. Children also engage in reciprocating others, showing that reciprocity strategies are already … prevalent at a very young age. However, direct and indirect reciprocity treatments do not increase overall cooperation rates, as …
Persistent link: https://www.econbiz.de/10012599232
Persistent link: https://www.econbiz.de/10009571164
, it is not the consequence of a stronger level of reciprocity by agents, but of the retrenchment of sanctioning options on …
Persistent link: https://www.econbiz.de/10009526176