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This paper provides an analytical model to study the co-evolution of trust and trustworthiness in a game-theoretic framework. Trust reflects an agent’s belief that other agents cooperate in a two-stage prisoner’s dilemma game. Altruist agents receive a utility from their opponents’...
Persistent link: https://www.econbiz.de/10014358386
, prosociality, and conditional reciprocity within a beliefs-based model. We provide a novel and rigorous theoretical model to derive … beliefs-based mechanism for the effects of religious identity. More religious subjects expect greater prosociality/reciprocity …
Persistent link: https://www.econbiz.de/10014264453
, prosociality, and conditional reciprocity within a beliefs-based model. We provide a novel and rigorous theoretical model to derive … beliefs-based mechanism for the effects of religious identity. More religious subjects expect greater prosociality/reciprocity …
Persistent link: https://www.econbiz.de/10013472415
We investigate whether a player's guilt aversion is modulated by the co-players' vulnerability. To this goal, we introduce new variations of a three-player Trust game in which we manipulate payoff vulnerability and endowment vulnerability. The former is the traditional vulnerability which arises...
Persistent link: https://www.econbiz.de/10013547714
Persistent link: https://www.econbiz.de/10012149694
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) is added in order to introduce reciprocity. We find significantly higher rates of selfish choices in our treatments that …
Persistent link: https://www.econbiz.de/10011576929
an alternative explanation based on reciprocity. We propose a simple model and an experiment to test the relative …This paper studies the role of autonomy and reciprocity in explaining control averse responses in principal …-agents interactions. While most of the social psychology literature emphasizes the role of autonomy, recent economic research has provided …
Persistent link: https://www.econbiz.de/10011308435
test the efficacy of exogenously imposed minimum standard rules. Rules fail to increase trust and reciprocity, leading to … lower economic welfare. Although sufficiently restrictive rules restore welfare, trust and reciprocity never return. The …
Persistent link: https://www.econbiz.de/10012975782
Social life offers innumerable instances in which trust relations involve multiple agents. In an experiment, we study a … actions. Trustworthiness has also a strategic motivation, and the trusters' decision depends upon their beliefs about the …, strategic motives appear as a major drive for trustees, comparable in size to positive reciprocity, and more important than …
Persistent link: https://www.econbiz.de/10011734290