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We examine the influence of guilt and trust on the performance of credence goods markets. An expert can make a promise to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert's provision and charging decisions. We argue that the expert's...
Persistent link: https://www.econbiz.de/10010269892
psychological gametheoretic framework we derive two mutually compatible hypotheses about guilt aversion and reciprocity under which …
Persistent link: https://www.econbiz.de/10010277474
psychological gametheoretic framework we derive two mutually compatible hypotheses about guilt aversion and reciprocity under which …
Persistent link: https://www.econbiz.de/10010293368
We examine the influence of guilt and trust on the performance of credence goods markets. An expert can make a promise to a consumer first, whereupon the consumer can express her trust by paying an interaction price before the expert's provision and charging decisions. We argue that the expert's...
Persistent link: https://www.econbiz.de/10010294816
treatment, reciprocity cannot play a role. We find that female dictators show reciprocity and decrease their taking …
Persistent link: https://www.econbiz.de/10010305857
Although reciprocity is a key concept in the social sciences, it is still unclear why people engage in costly …-reported anger highlights the importance of using both techniques for studying reciprocity. …
Persistent link: https://www.econbiz.de/10010325363
decline in effort exertion which can be explained by negative reciprocity of the respective worker. These results put some …
Persistent link: https://www.econbiz.de/10010343280
This paper studies the role of autonomy and reciprocity in explaining control averse responses in principal … an alternative explanation based on reciprocity. We propose a simple model and an experiment to test the relative …
Persistent link: https://www.econbiz.de/10011307467
's expectation of reciprocity shown to be a key determinant. We use an indeterminate horizon centipede game to establish a feedback …
Persistent link: https://www.econbiz.de/10012056161
trustworthiness, and whether trustworthiness is reciprocity, conditional on one's counterpart's behavior. In trust experiments in … find substantial heterogeneity in motivation: Expectations of return account for most of women's trust, and reciprocity for …
Persistent link: https://www.econbiz.de/10012168177