When we take a cab we may feel cheated if the driver takes an unnecessarily long route despite the lack of a contract or promise to take the shortest possible path. Is our decision to take the cab affected by our belief that we may end up feeling cheated? Is the behavior of the driver affected...

There is widespread concern that favoring suppliers with good past performance, a standard practice in private procurement, may hinder entry by new firms in public procurement markets. In this paper we report results from a laboratory experiment exploring the relationship between reputation and...

Trust beliefs are heterogeneous across individuals and, at the same time, persistent across generations. We investigate one mechanism yielding these dual patterns: false consensus. In the context of a trust game experiment, we show that individuals extrapolate from their own type when forming...

Seit 2006 wächst die regionale Wirtschaft wieder, Bevölkerung und Beschäftigung nehmen zu, die Arbeitslosigkeit sinkt. Doch das 'Beschäftigungswunder' hat Schattenseiten – Berlin steht an dritter Stelle des Armutsrankings und bei der Zahl der Hartz IV-Empfänger an der Spitze. Soziale...

For most complex emergent technologies, product-market success depends on efficient linkages between changing lead innovators within the R&D process. In this paper, our unit of analysis is a complex high technology product and the system of alliance linkages formed to progress a product through...