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We introduce opportunities for pre-play communication and to enter binding or non-binding contracts in trust games, and … find (a) communication increases trusting and trustworthiness, (b) contracts are unnecessary for trusting and trustworthy …
Persistent link: https://www.econbiz.de/10010318895
We let subjects interact with anonymous partners in trust (investment) games with and without one of two kinds of pre … trusting, trustworthiness, or both, in inter-subject comparisons, but that the inclusions of verbal communication generates … trustworthiness in the sense of adhering to agreements, and we find that both are enhanced when the parties can use words, and …
Persistent link: https://www.econbiz.de/10010318961
definitions of trust and trustworthiness based on revealed willingness to accept vulnerability and the response to it. … motives on trustworthiness: (i) unconditional other-regarding preferences - like altruism, inequality aversion, quasi …-regarding preferences - vulnerability-responsiveness is an important determinant of trustworthiness even in cases where the vulnerability of …
Persistent link: https://www.econbiz.de/10011382716
that reason we also expect more altruism and trust of soldiers compared to pure civilian groups. To explore these issues in … an experimental setting, the subjects had to play the dictator game, the ultimatum game, and the trust game. These three …
Persistent link: https://www.econbiz.de/10011413150
that reason we also expect more altruism and trust of soldiers compared to pure civilian groups. To explore these issues in … an experimental setting, the subjects had to play the dictator game, the ultimatum game, and the trust game. These three … mit dem Diktatorspiel, dem Ultimatumspiel sowie dem Investitionsspiel (trust game) drei etablierte Standardexperimente …
Persistent link: https://www.econbiz.de/10011582313
other hand, efficiency concerns and an aversion against violating trust seem to be far less important motivations. We also …
Persistent link: https://www.econbiz.de/10011531595
provided. Our binary trust game closely follows their design. Only a preceding stage (safe outside option vs. enter the game …) is added in order to introduce reciprocity. We find significantly higher rates of selfish choices in our treatments that …
Persistent link: https://www.econbiz.de/10011580465
greater trust than women do while women show much higher levels of reciprocity. Trusting behavior is driven strongly by …We use the investment game introduced by Berg, Dickhaut and McCabe (1995) to explore gender differences in trust and … reciprocity. In doing so we replicate and extend the results first reported by Croson and Buchan (1999). We find that men exhibit …
Persistent link: https://www.econbiz.de/10010263242
This paper experimentally investigates trust and trustworthiness in a repeated and sequential three-player trust game … information availability leads to a significant increase in the trust broker's reciprocity, as defined by the amount that is … from recent work in the trust game. The authors use random variations in the multiplier value, a third player without an …
Persistent link: https://www.econbiz.de/10011665581
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 promise induces a commitment that triggers guilt if the promise is …
Persistent link: https://www.econbiz.de/10010294816