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The relationship between trust and risk is a topic of enduring interest. Although there are substantial differences between the ideas the terms express, many researchers from different disciplines have pointed out that these two concepts become very closely related in personal exchange contexts....
Persistent link: https://www.econbiz.de/10003470471
relevant events. We conduct trust game experiments where the amount sent back by the second player (trustee) is exogenously …
Persistent link: https://www.econbiz.de/10003930945
relevant events. We conduct trust game experiments where the amount sent back by the second player (trustee) is exogenously …
Persistent link: https://www.econbiz.de/10003935173
other agents' behavior. A growing number of surveys and experiments ask participants to state beliefs explicitly but little … of the relevant events. We conduct trust game experiments where the amount sent back by the second player (trustee) is …
Persistent link: https://www.econbiz.de/10009583740
We test empirically the strategic counterpart of the Adaptive Decision Maker hypothesis (Payne et al., 1993), which states that decision makers adapt their attention and decision rules to time pressure in predictable ways. For twenty-nine normal form games, we test whether players adapt to...
Persistent link: https://www.econbiz.de/10012971572
relevant events. We conduct trust game experiments where the amount sent back by the second player (trustee) is exogenously …
Persistent link: https://www.econbiz.de/10013144460
relevant events. We conduct trust game experiments where the amount sent back by the second player (trustee) is exogenously …
Persistent link: https://www.econbiz.de/10013148347
This paper investigates experimentally how the inclination to cheat changes when agents report the result of multiple realizations of a (private information) stochastic event rather than a single outcome. Extreme outcomes clearly signal opportunistic behavior with multiple realizations. The...
Persistent link: https://www.econbiz.de/10012290698
We experimentally study the effect of asymmetry on cooperation in a 40 period prisoner's dilemma game in fixed partner design. We distinguish between a high and low payoff symmetric prisoner's dilemma and an asymmetric game combined out of both symmetric ones. Asymmetry significantly decreases...
Persistent link: https://www.econbiz.de/10014052337
In experiments with two-person sequential games we analyze whether responses to favorable and unfavorable actions …
Persistent link: https://www.econbiz.de/10014208299