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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
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 analyze the effects of introducing asymmetric information andexpectations 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 resultsshow that average payback...
Persistent link: https://www.econbiz.de/10005866876
To explain potential sources of wage rigidity this article analyzes a model of reciprocalkindness applied to a repeated ultimatum game with changing and nonzeroconflict payoffs. The model is also tested in a laboratory experiment. The resultsare compatible with the rentsharingapproach to wage...
Persistent link: https://www.econbiz.de/10005866814
We examine experimentally two different types of trust: trust in another party's cooperation and trust in ability. In …
Persistent link: https://www.econbiz.de/10005845180
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
We experimentally examine how group identity affects trust behaviorin an investment game. In one treatment, group …) to minimal group identityto two-dimensional group identity, we find no significant differencesin trust decisions. However …, trust is significantly and positively correlatedwith contribution decisions, suggesting that "social" trust isbehaviorally …
Persistent link: https://www.econbiz.de/10005866633
Bereits im Jahre 1980 wählte Horst Albach einen spieltheoretischen und experimentellökonomischenZugang zum Vertrauensproblem in der Ökonomik. Dieser Weg wird erneutbeschritten. Es wird aufgezeigt, dass neuere spieltheoretische und experimentelle Arbeitennicht nur die explanativen Grenzen des...
Persistent link: https://www.econbiz.de/10005866636
ideas apply to a game of trust. We discuss whether theflexibility of the approach is a virtue or a vice. …
Persistent link: https://www.econbiz.de/10005866813
We examine experimentally two different types of trust: trust in another party's cooperation and trust in ability. In …
Persistent link: https://www.econbiz.de/10005866903