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's expectation of reciprocity shown to be a key determinant. We use an indeterminate horizon centipede game to establish a feedback …
Persistent link: https://www.econbiz.de/10012055632
Persistent link: https://www.econbiz.de/10012285771
's expectation of reciprocity shown to be a key determinant. We use an indeterminate horizon centipede game to establish a feedback …
Persistent link: https://www.econbiz.de/10012863681
's expectation of reciprocity shown to be a key determinant. We use an indeterminate horizon centipede game to establish a feedback …
Persistent link: https://www.econbiz.de/10012904384
In this paper we provide evidence that trust and reciprocity, the two key elements of social capital, are affected by … trusting and reciprocal behaviour and we show significant cross-country differences between the levels of trust and reciprocity … trusting or reciprocal behaviour, while gender does not affect any of them. We report that reciprocity is affected by the same …
Persistent link: https://www.econbiz.de/10009351200
trust and reciprocity in a population where agents play both roles (trustor and trustee). Our experiment consists on three … a direct reputation for both roles. We find that trustees’ direct reputation has a positive effect on reciprocity, but … reputation in both roles. We show that the increase in trust is mainly linked to the formation of mutual trust–reciprocity …
Persistent link: https://www.econbiz.de/10010577290
We employ experiments to illustrate one factor contributing to the lack of distrust in the recent corporate scandals: Trust rather than no trust was the default. People are more trusting when the default is full trust than when it is no trust. We introduce a new game, the distrust game (DTG),...
Persistent link: https://www.econbiz.de/10010282774
The intention to “invest” in the Trust Game in extensive form revealed by a move could conceal different motivations. Whether the motive hidden beneath the manifest behaviour of the first mover is the desire to invest in a relationship of mutual advantage with the trustee or the desire to be...
Persistent link: https://www.econbiz.de/10005766550
Several online market sites, such as eBay, have implemented reputation management mechanisms in order to improve cooperation. In this article, we aim at investigating the emergence of trust and cooperation in presence of reputation mechanism. In a series of experiments based on the trust game...
Persistent link: https://www.econbiz.de/10005771918
It is well-known in evolutionary game theory that population clustering in Prisoner Dilemma games allows some cooperative strategies to invade populations of stable defecting strategies. We adapt this idea of population clustering to a two-person trust game. Players are typed based on their...
Persistent link: https://www.econbiz.de/10005125594