Showing 1 - 10 of 1,351
: 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 …
Persistent link: https://www.econbiz.de/10010282774
-person trust game. Players are typed based on their recent track record as whether or not they are trusting (Players 1) and whether …
Persistent link: https://www.econbiz.de/10005125594
important primitives of social capital – trust and reciprocity – which can be used to explain deviations from the Nash … the behaviour of players in experimental trust and dictator games and suggest that the most informative utilization of … questionnaire about attitudes to trusting and reciprocating predict subjects’ behaviour and, by comparing behaviour in Trust and …
Persistent link: https://www.econbiz.de/10005700904
Although it is well known that trust is an important component of the fulfilment of incomplete contracts, less is known …
Persistent link: https://www.econbiz.de/10010820329
information even when costly. We find fairly high trust and trustworthiness levels in all markets, with buyers showing a …, ceteris paribus, evidence that the availability of feedback-provision histories increases buyer trust by reducing missing …
Persistent link: https://www.econbiz.de/10005523104
In this paper, we address the concept of trust by combining (i) the self-reported trust and belief in trustworthiness …' distributional preferences, (iii) strategies submitted in the trust game in both roles of the game, and (iv) subjects' beliefs about … scoring rule.We show that trust can be expressed as a belief in positive reciprocity of the trustee, and answers to general …
Persistent link: https://www.econbiz.de/10011091891
This experiment investigates decisions made by prospective economists and physicians in an allocation problem which can be framed either medically or neutrally. The potential recipients differ with respect to their minimum needs as well as to how much they benefit from a treatment. We classify...
Persistent link: https://www.econbiz.de/10009531668
In a capacity-then-price-setting game we experimentally identify capacity precommitment, the possibility to communicate before price choices, and prior competition experience as crucial factors for collusive pricing. The theoretical analysis determines the capacity thresholds above which firms...
Persistent link: https://www.econbiz.de/10011944106
Industrial organization is mainly concerned with the behavior of large firms. Experimental industrial organization therefore faces a problem: How can firms be brought into the laboratory? The main approach relies on framing: Call individuals firms! This experimental approach is not in line with...
Persistent link: https://www.econbiz.de/10010294406
We assess the predictive power of a model of other-regarding preferences - inequality aversion - using a within-subjects design. We run four different experiments (ultimatum game, dictator game, sequential-move prisoners' dilemma and public-good game) with the same sample of subjects. We elicit...
Persistent link: https://www.econbiz.de/10010302575