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A procurement contract is granted by a bureaucrat (the auctioneer)who is interested in a low price and a bribe from the provider.The optimal bids and bribes are derived based on an iid private costassumption. In the experiment, bribes are negatively framed (betweensubjectstreatment) to capture...
Persistent link: https://www.econbiz.de/10005866715
Spieltheoretische Überlegungen zeigen, dass Reputationsmechanismen, wie sie auf Internet-Marktplattformen zur Anwendung kommen, prinzipiell geignet sind, Handel in großen anonymen Märkten zu erleichtern. Dies geil selbst dann, wenn die Marktteilnehmer ihre Identität jederzeit und kostenlos...
Persistent link: https://www.econbiz.de/10005866985
In this article a simple game is used to develop a concept of trust that takes account of boundedly rational behavior … there remains a risk that the second mover does not perform as promised. Trust consists of accepting this risk. The paper … also discusses the efficiency of trust and the role of the law in separating trustworthy from non trustworthy people. …
Persistent link: https://www.econbiz.de/10010296910
We investigate the relationship between religion and trust. Using a questionnaire, we measure: i) general religiosity …, and; ii) the extent of religious beliefs, experience, and ritual. These are then analyzed with behaviour in a trust game …
Persistent link: https://www.econbiz.de/10010297242
information on the surplus created. Recent field experiments, however, suggest that trust and reciprocity may be lower or absent … information in a “bilateral gift exchange” setting. We find that trust and reciprocity have a significant positive effect on wages …
Persistent link: https://www.econbiz.de/10010263092
Trust is a crucial component of social capital. We use an experimental moonlighting game with a representative sample … of the U.S. population, oversampling immigrants, to study trust, positive, and negative reciprocity between first … trust other immigrants. Immigrants appear to be less trustworthy overall but this finding disappears when we control for …
Persistent link: https://www.econbiz.de/10010272683
This paper investigates how group membership and competition among trustors interact with trust and trustworthiness in … a laboratory one-shot trust game. To analyze these effects, we apply a 2x2 design. We induce group membership by letting …
Persistent link: https://www.econbiz.de/10010274051
Vendettas occur in many real world settings where rivals compete for a prize, e.g., winning an election or a competitive promotion, by engaging in retaliatory aggressive behavior. We present a benchmark experiment where two players have an initial probability of winning a prize. Retaliatory...
Persistent link: https://www.econbiz.de/10010277513
trust in laboratory games. The paper employs experimental data for representative samples of individuals in four Latin … American capital cities (Bogota, Lima, Montevideo, and San Jose), finding that participation in welfare programs damage trust … the notion that low take-up rates may be due to stigma linked with trust and social capital, rather than transaction costs. …
Persistent link: https://www.econbiz.de/10010278260
raises the other players' beliefs about the donors' trustworthiness in a simple trust game. Consequently, donors receive …
Persistent link: https://www.econbiz.de/10010278669