We analyze the effects of introducing asymmetric information andexpectations in the investment game (Berg et al., 1995). In our experiment,only the trustee knows the size of the surplus. Subjects’expectations about each other’s behavior are also elicited. Our resultsshow that average payback...

We examine experimentally two different types of trust: trust in another party's cooperation and trust in ability. In the cooperation condition, player A sends x{0,X} to player B. The amount x is multiplied by c=3, and B can return y{0,3x}. IN teh ability conditions, c depends on B's performance...

We examine experimentally two different types of trust: trust in another party's cooperation and trust in ability. In the cooperation condition, player A sends x {0, X} to player B. The amount x is multiplied by c = 3, and B can return y {0,3x}. (...)

We consider the notions of static and dynamic reasonableness of requests in a trust game experiment. We vary systematically the experimental norm of what is expected from trustees to return to trustors, both in terms of level of each request and in terms of sequence of the requests. Static...

We investigate the role of intentions in two-player two-stage games. For this purpose we systematically vary the set of opportunity sets the first mover can chose from and study how the second mover reacts not only to opportunities of gains but also of losses created by the choice of the first...

We examine experimentally the impact of communication on trust and cooperation. Our design admits observation of promises, lies, and beliefs. The evidence is consistent with people striving to live up to others' expectations in order to avoid guilt, as can be modeled using psychological game...

We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different age groups, ranging from 8 year old primary school children to retired persons in their late sixties. Although both trust and reciprocity have been identified as fundamental...

We experimentally investigate whether individuals can reliably detect cooperators in an anonymous decision environment by allowing participants to condition their choices in an asymmetric prisoner's dilemma and a trust game (i) on their partner's donation share to a self-selected charity, and...

We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different age groups, ranging from 8 year old primary school children to retired persons in their late sixties. (...)

The existing literature acknowledges that a mismatch between the experimenter'sand the subjects' models of an experimental task can adversely aect the interpretation ofdata from laboratory experiments. We discuss why the two common experimental designs(between-subjects and within-subjects) used...