Similar Search Results

Bischoff, Ivo; Ihtiyar, Özcan - 2015 - This version: January 13, 2015

We conduct an experiment on the impact of feedback in the Trust Game. In our treatment group, the Trustee has the opportunity to give feedback to the Investor (free in choice of wording and contents). The feedback option is found to reduce the share of Investors who sent no resources to the...

Persistent link: https://www.econbiz.de/10010462550

Deciding to distrust

Bohnet, Iris (contributor); Meier, Stephan (contributor) - 2005

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/10003233303

How do risk attitudes affect measured confidence?

Murad, Zahra; Sefton, Martin; Starmer, Chris - 2014

We examine confidence in own absolute performance using two elicitation procedures: selfreported (non …-incentivised) confidence and an incentivised procedure that elicits the certainty equivalent of a bet based on performance. The former … incentivised procedure leads to significant underconfidence, and does not lead to better calibration between confidence and …

Persistent link: https://www.econbiz.de/10010344292

Building Trust One Gift at a Time

Servátka, Maroš - 2011

This paper reports an experiment evaluating the effect of gift giving on building trust in a relationship. We have nested our explorations in the standard version of the investment game. Our gift treatment includes a dictator stage in which the trustee decides whether to give a gift to the...

Persistent link: https://www.econbiz.de/10013134601

The Determinants of Overconfidence : An Experimental Approach

Santos, William - 2010

We employ a lab experiment to test whether subjects have overconfidence. We find evidence suggesting that: in general men have a larger degree of overconfidence, and that both age and experience have some influence in the degree of overconfidence

Persistent link: https://www.econbiz.de/10013137898

Group Status, Minorities and Trust

Tsutsui, Kei - 2010

We present the results of an experiment that attempts to measure the impact of majority and minority groups, and high status and low status groups, on well-being, cooperation and social capital. In the experiment, group membership is induced artificially, subjects interact with insiders and...

Persistent link: https://www.econbiz.de/10013138279

Self-Selection and the Power of Incentive Schemes : An Experimental Study

Vyrastekova, Jana - 2010

We examine how self-selection of workers into firms depends on the power of the firms' incentive schemes and how it affects the performance of firms that increase the power of the incentive schemes. In a laboratory experiment, we let subjects choose between (low-powered) team incentives and...

Persistent link: https://www.econbiz.de/10013139790

Disclosure, Trust and Persuasion in Insurance Markets

de Meza, David - 2010

This high-stakes experiment investigates the effect on buyers of mandatory disclosures concerning an insurance policy's value for money (the claims ratio) and the seller's commission. These information disclosures have virtually no effect despite most buyers claiming to value such information....

Persistent link: https://www.econbiz.de/10013139875

Three-Player Trust Game with Insider Communication

Sheremeta, Roman M. - 2012

We examine behavior in a three-player trust game in which the first player may invest in the second and the second may invest in the third. Any amount sent from one player to the next is tripled. The third player decides the final allocation among three players. The baseline treatment with no...

Persistent link: https://www.econbiz.de/10013096059

Trust and Trustworthiness Under the Prospect Theory : A Field Experiment in Vietnam

Nguyen, Quang - 2012

We study the influence of risk and time preferences on trust and trustworthiness by conducting a field experiment in Vietnamese villages and by estimating the parameters of the Cumulative Prospect Theory and of quasi-hyperbolic time preferences. We find that while probability sensitivity or risk...

Persistent link: https://www.econbiz.de/10013099719