The enforcement of social norms is considered as a main motivation for third-party intervention. We provide direct evidence for this theory in a cross-country experimental trust game with a sender, a receiver, and a third party who can punish or reward the receiver at own cost. As a novelty we...

Part I. Setting the stage -- Chapter 1. Introduction and motivation / Eelke de Jong -- Chapter 2. National culture in the three types of market economies / Eelke de Jong and Annemiek Schilpzand -- Part II. Economic ideas -- Chapter 3. The morality of the market process and the normative...