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This paper experimentally investigates trust and trustworthiness in a repeated and sequential three-player trust game with probabilistic returns and information asymmetry. It adds to the existing literature by combining experimental features from recent work in the trust game. We use random...
Persistent link: https://www.econbiz.de/10012956127
This paper experimentally investigates trust and trustworthiness in a repeated and sequential three-player trust game with probabilistic returns and information asymmetry. It adds to the existing literature by combining experimental features from recent work in the trust game. The authors use...
Persistent link: https://www.econbiz.de/10011664904
We examine behavior in a three-player trust game in which the first player may invest in the second and the second may invest in the third. Any amount sent from one player to the next is tripled. The third player decides the final allocation among three players. The baseline treatment with no...
Persistent link: https://www.econbiz.de/10013096059
hidden action. Our experiment is framed in a credit market context and borrowers (second movers) can communicate with lenders …
Persistent link: https://www.econbiz.de/10014301388
Persistent link: https://www.econbiz.de/10001710786
experience. In a laboratory experiment we show that, against our theoretical predictions, this does not lead to a drop in experts …
Persistent link: https://www.econbiz.de/10011625427
Persistent link: https://www.econbiz.de/10003384460
. Unlike previous studies, our study also considers endogenous investment timing. In our experiments, subjects play two …
Persistent link: https://www.econbiz.de/10012849211
We experimentally study behavior in a simple voting game where players have private information about their preferences. With random matching, subjects overwhelmingly follow the dominant strategy to exaggerate their preferences, which leads to inefficiency. We analyze an exogenous linking...
Persistent link: https://www.econbiz.de/10003894591
-rolling experiment, we exogenously manipulate self-awareness and observability, which mediate the focus of a person on their private and … the subjects' reports. We finally show in a survey experiment that respondents believe that the likelihood of a lie …
Persistent link: https://www.econbiz.de/10012256075