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We analyze the effects of introducing asymmetric information and expectations 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. (...)
Persistent link: https://www.econbiz.de/10005845178
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...
Persistent link: https://www.econbiz.de/10009248911
definitions of trust and trustworthiness based on revealed willingness to accept vulnerability and the response to it. …
Persistent link: https://www.econbiz.de/10010406346
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 … research has devoted surprisingly little attention to their development with age. Our results provide clear evidence that trust …
Persistent link: https://www.econbiz.de/10005866861
We examine the degree of trust and reciprocity in an experimental trust game with 662 participants from six different …
Persistent link: https://www.econbiz.de/10005845176
definitions of trust and trustworthiness based on revealed willingness to accept vulnerability and the response to it. …
Persistent link: https://www.econbiz.de/10011382716
definitions of trust and trustworthiness based on revealed willingness to accept vulnerability and the response to it. …
Persistent link: https://www.econbiz.de/10010905947
We analyze the effects of introducing asymmetric information and expectations 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 results show that average...
Persistent link: https://www.econbiz.de/10005765175
definitions of trust and trustworthiness based on revealed willingness to accept vulnerability and the response to it. …
Persistent link: https://www.econbiz.de/10010895184
important primitives of social capital trust and reciprocity - which can be used to explain deviations from the Nash equilibrium …
Persistent link: https://www.econbiz.de/10005859519