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important primitives of social capital - trust and reciprocity - which can be used to explain deviations from the Nash … the behaviour of players in experimental trust and dictator games and suggest that the most informative utilization of … questionnaire about attitudes to trusting and reciprocating predict subjects' behaviour and, by comparing behaviour in Trust and …
Persistent link: https://www.econbiz.de/10013325085
For the trust game, recent models of belief-dependent motivations make opposite predictions regarding the correlation …
Persistent link: https://www.econbiz.de/10011480420
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/10011480554
Many economic interactions rely on trust, which is sometimes violated. The fallout from business fraud and other … malfeasance shows serious economic consequences of trust violations. Simple rules mandating minimum standards are attractive … because they prevent the most egregious trust violations. However, such rules may undermine more trusting and reciprocal …
Persistent link: https://www.econbiz.de/10012975782
? Experiments of the Trust Game and Dictator Game are employed to measure an individual's behavior. Additionally, a quiz assessing …
Persistent link: https://www.econbiz.de/10013087127
This paper proposes a novel explanation for the context dependency of individual choices in two-player games. Context dependency refers to the well-established phenomenon that a player, when choosing from a given opportunity set created by the other player's strategy, chooses differently in...
Persistent link: https://www.econbiz.de/10010350219
In reciprocal interactions, both genuine kindness and self-interested material gain may motivate socially beneficial actions. The paper presents results from two experiments that distinguish the role of perceived motives in reciprocal decision making from the role of outcomes or perceived...
Persistent link: https://www.econbiz.de/10012954733
This paper studies the role of autonomy and reciprocity in explaining control averse responses in principal-agents interactions. While most of the social psychology literature emphasizes the role of autonomy, recent economic research has provided an alternative explanation based on reciprocity....
Persistent link: https://www.econbiz.de/10011308435
Psychological game theory can provide a rational choice explanation of framing effects; frames influence beliefs, and beliefs influence motivations. We explain this point theoretically, and explore its empirical relevance experimentally. In a 2×2-factorial framing design of one-shot public good...
Persistent link: https://www.econbiz.de/10003385854
Psychological game theory can help provide a rational choice explanation of framing effects; frames influence beliefs, beliefs influence motivations. We explain this theoretically, and explore the empirical relevance experimentally. In a 2×2 design of one-shot public good games we show that...
Persistent link: https://www.econbiz.de/10003782356