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We conduct a laboratory experiment to investigate the impact of institutions and institutional choice on truth-telling and trust in sender-receiver games. We find that in an institution with sanctioning opportunities, receivers sanction predominantly after having trusted lies. Individuals who...
Persistent link: https://www.econbiz.de/10010294822
Persistent link: https://www.econbiz.de/10003647589
Persistent link: https://www.econbiz.de/10009755430
We conduct a laboratory experiment to investigate the impact of institutions and institutional choice on truth-telling and trust in sender-receiver games. We find that in an institution with sanctioning opportunities, receivers sanction predominantly after having trusted lies. Individuals who...
Persistent link: https://www.econbiz.de/10009737511
Persistent link: https://www.econbiz.de/10009544505