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We construct a simple three person trust game with one trustor and two trustees. The trustor has the possibility to … either trust both trustees or none, while the trustees make their decisions either sequentially or simultaneously, depending … by models of inequity aversion, pure guilt aversion, or conformity. Instead, follower trustees cherry pick the motivation …
Persistent link: https://www.econbiz.de/10010281662
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions - and particularly trust in banks, business and government - has declined … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in …
Persistent link: https://www.econbiz.de/10010274853
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions and particularly trust in banks, business and government has declined … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in …
Persistent link: https://www.econbiz.de/10010278438
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 …
Persistent link: https://www.econbiz.de/10010294816
There is a growing interest in cross-border medical care and its comparative advantages. In addition, medical care can be defined as a local assurance good. Little research is being carried out in this field. This paper discusses the individual considerations for medical treatment offered at...
Persistent link: https://www.econbiz.de/10010301355
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 …
Persistent link: https://www.econbiz.de/10010269892
trusting plays an important role. Trust is clearly associated with greater willingness to pay for insurance. Unlike in previous … work, trust in our setting is not about obligations being fulfilled. The contract is complete, simple and the possibility …
Persistent link: https://www.econbiz.de/10010285436
Food systems are under increasing pressure. They must meet the food requirements of a growing world population, and socio-economic changes also influence the type of foods which are under demand. At the same time, food systems are a major contributor to global environmental change, and...
Persistent link: https://www.econbiz.de/10014520924
A stream of research examining the effect of punishment on conformity indicates that punishment can backfire and lead …' conformity can have detrimental effects. In additional experiments, we explain how this negative effect is due, at least for some …
Persistent link: https://www.econbiz.de/10012262106
We construct a simple three person trust game with one trustor and two trustees. The trustor has the possibility to … either trust both trustees or none, while the trustees make their decisions either sequentially or simultaneously, depending …
Persistent link: https://www.econbiz.de/10010310481