Greiner, Ben; Ockenfels, Axel; Werner, Peter - Staatswissenschaftliches Seminar, Wirtschafts- und … - 2007
We study the interplay of inequality and trust in a dynamic game, where trust increases efficiency and thus allows higher growth of the experimental economy in the future. We find that trust is initially high in a treatment starting with equal endowments, but decreases over time. In a treatment...
