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The investment game with asymmetric information
Coricelli, Giorgio; González Morales, Luis G.; … - 2003
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
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Context and Interpretation in Laboratory Experiments:The Case of Reciprocity
Levati, Maria Vittoria; Miettinen, Topi; Rai, Birendra K. - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2010
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
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Asymmetric Auction Experiments With(out) Commonly Known Beliefs
Güth, Werner; Ivanova-Stenzel, Radosveta - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2002
Are commonly known beliefs essential for bidding behavior in asymmetric auctions? Our experimental results suggest that not informing participants how values are randomly generated does not change behavior much and may even make it appear more rational.
Persistent link: https://www.econbiz.de/10005867012
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Net-loss reciprocation and the context dependency of economic choices
König, Clemens - 2013
This paper proposes a novel explanation for the context dependency of individual choices in two-player games. Context dependency refers to the well-established phenomenon that a player, when choosing from a given opportunity set created by the other player's strategy, chooses differently in...
Persistent link: https://www.econbiz.de/10010350219
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Guilt-averse or reciprocal? : looking at behavioural motivations in the trust game
Engler, Yola; Kerschbamer, Rudolf; Page, Lionel - 2016
For the trust game, recent models of belief-dependent motivations make opposite predictions regarding the correlation …
Persistent link: https://www.econbiz.de/10011480420
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What is trustworthiness and what drives it?
Cox, James C.; Kerschbamer, Rudolf; Neururer, Daniel - 2014
definitions of trust and trustworthiness based on revealed willingness to accept vulnerability and the response to it. …
Persistent link: https://www.econbiz.de/10010406346
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Trust and Reciprocity Under Asymmetric Information
Coricelli, Giorgio; Morales, Luis González; Mahlstedt, … - 2003
self-interested players would not voluntarily engage in any transaction, unless they expect trust and reciprocity to play a …
Persistent link: https://www.econbiz.de/10014094946
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Age and the development of trust and reciprocity
Sutter, Matthias; Kocher, Martin G. - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2003
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
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Age and the development of trust and reciprocity
Sutter, Matthias; Kocher, Martin G. - 2003
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
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Net-Loss Reciprocation and the Context Dependency of Economic Choices
König, Clemens - 2013
This paper proposes a novel explanation for the context dependency of individual choices in two-player games. Context dependency refers to the well-established phenomenon that a player, when choosing from a given opportunity set created by the other player’s strategy, chooses differently in...
Persistent link: https://www.econbiz.de/10010427666