Aperjis, Christina; Miao, Yali; Zeckhauser, Richard J. - Kennedy School of Government, Harvard University - 2011
In a world of imperfect information, reputations often guide the sequential decisions to trust and to reward trust. We consider two-player situations, where one player--the truster--decides whether to trust, and the other player--the temptee--has a temptation to betray when trusted. The strength...