their customers should crowd out experts who do not, resulting in low trust, prestige, and wages. We ask how pro bono work … aspect of the services of experts (e.g., of doctors, lawyers, and accountants), and the role that voluntary pro bono work … might play. Expert services have un- verifiable quality to non-experts and are subject to moral hazard. Experts who cheat …

We introduce opportunities for pre-play communication and to enter binding or non-binding contracts in trust games, and …

: Trust rather than no trust was the default. People are more trusting when the default is full trust than when it is no trust …. We introduce a new game, the distrust game (DTG), where the default is full trust and find that in it, trust levels are … higher than in the Berg, Dickhaut, and McCabe (1995) trust game (TG), where the default is no trust. At the same time …

This paper studies the role of autonomy and reciprocity in explaining control averse responses in principal … an alternative explanation based on reciprocity. We propose a simple model and an experiment to test the relative …

psychological gametheoretic framework we derive two mutually compatible hypotheses about guilt aversion and reciprocity under which …

Although reciprocity is a key concept in the social sciences, it is still unclear why people engage in costly …-reported anger highlights the importance of using both techniques for studying reciprocity. …