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In Switzerland, two key church institutions - the Conference of Swiss Bishops (CSB) and the Federation of Protestant Churches (FPC) - make public recommendations on how to vote for certain referenda. We leverage this unique situation to directly measure religious organizations' power to shape...
Persistent link: https://www.econbiz.de/10010328867
In this paper, I compare two different approaches to model implicit contracting, the infinite-horizon approach typically used in the literature and afinite-horizon approach building on an adverse-selection model. I demonstrate that even the most convincing result of the infinite-horizon...
Persistent link: https://www.econbiz.de/10010334027
network that connects them. We find that information supports cooperation by increasing trust between players, and obtain the … 'radius of trust': an endogenous network listing the potentially cooperative relationships between pairs of players in a … community. We identify two aspects of trust, which relate to the network structure in different ways. Where trust depends on the …
Persistent link: https://www.econbiz.de/10011928009
We use the investment game introduced by Berg, Dickhaut and McCabe (1995) to explore gender differences in trust and … greater trust than women do while women show much higher levels of reciprocity. Trusting behavior is driven strongly by … expectations of reciprocation. We posit that the lower levels of trust exhibited by women may be attributed to a higher degree of …
Persistent link: https://www.econbiz.de/10010263242
The notion of face-to-face contacts has recently become very popular in regional economics and in economic geography. This is the most obvious way to explain why firms still locate in proximity to others after the death of distance, i.e., the shrinking costs for transportation, especially...
Persistent link: https://www.econbiz.de/10010265904
television in the formation of political consensus in Italy. Based on probit and instrumental variables estimates, we find trust … in television to be the most significant predictor of trust in the Italian prime minister. The latter is also strongly … and negatively correlated with trust in the judicial system and tolerance towards immigrants. …
Persistent link: https://www.econbiz.de/10011496156
We study the role of information about the multiplier in a finitely repeated investment game. A high multiplier increases the reputational incentives of a trustee, leading to more repayments. Our perfect Bayesian equilibrium analysis shows that if the trustee is privately informed about the...
Persistent link: https://www.econbiz.de/10012287806
excessive trust of the receiver, our results are not distinguished from those in the one-sender model. Regarding the Choice Game …
Persistent link: https://www.econbiz.de/10013200017
Migration has been associated with higher levels of trade. Previous studies interpret this as evidence of migrants' ability to lower trade costs. Nevertheless, no study has investigated the impact of migrants on firms' foreign trade. Thus, they fail to both provide evidence on the role that...
Persistent link: https://www.econbiz.de/10013208599
online messages and the decline in political trust around the world. To evaluate this claim causally, we implement a variant … of the well-known trust game in a survey experiment with 4,800 respondents in Brazil and Mexico. Our design allows to … test the effect of social media on trust and trustworthiness. Survey respondents alternate as agents (politicians) and …
Persistent link: https://www.econbiz.de/10012604847