This paper is an empirical study, using new experimental data, of repeated game strategies in trust games; its goal is … indefinitely repeated trust games we infer trigger strategies that are consistent with equilibria. In finitely repeated games we …

Although it is well known that trust is an important component of the fulfilment of incomplete contracts, less is known …

Although it is well known that trust is an important component of the fulfilment of incomplete contracts, less is known … regarding how robust it is to past experiences. We present an experiment in which trust is required for transactions to occur … trust is surprisingly robust in the long-term. We argue that trust, through fragile in one way, is in another way more …

driven by trust. With flexible prices, we observe low prices and high quality in competitive (oligopolistic) markets, and …

This paper explores methods to study trust. Answers to survey questions and choices in a trust game are obtained from … between the results obtained by these methods were observed. Furthermore, one group of subjects played the trust game with … hypothetical payments. This changed trust behavior dramatically, whereas trustworthiness was unaffected. Subjects without financial …

We advance the measurement of trust in economics in two ways. First, we highlight the importance of clearly identifying … the target of trust, particularly for obtaining concordance between attitudinal and behavioral measures of trust. Second …, we introduce a novel behavioral measure of (dis)trust, based on individualsʼ willingness to pay to avoid being vulnerable …