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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/10008599219
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
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
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
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
We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different … and reciprocity have been identified as fundamental pillars for smooth and efficient economic interactions, economic …. Reciprocity prevails in all age groups, although its degree also seems to increase with age. …
Persistent link: https://www.econbiz.de/10005765128