We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods …

can promote or deter cooperation. We use decisions in an initially played trust game to create five environments that …

I experimentally investigate how vague language changes the nature of communication in a biased strategic information … model showing that vague messages increase communication between boundedly rational players, especially if some senders are …

cooperation between these two. Interestingly, there is an external effect of insider communication: the first player who is … among three players. The baseline treatment with no communication shows that the first and second players send significant … amounts and the third player reciprocates. Allowing insider communication between the second and the third players increases …

Individuals and two-person teams play a hidden - action trust game with pre - play communication. We replicate previous … results for individuals that non-binding promises increase cooperation rates. But this does not extend to teams. Wh ile teams …

-to-person lending. We show that potential hiddenaction undermines the positive effect of communication on repayment behavior and …

We study the impact of pre-contractual communication on market outcomes when economic relationships are subject to … (first movers) prior to entering the credit relationship. Communication reduces moral hazard (strategic default) and … weaker impact of communication. Borrowers are more likely to renege on repayment promises when they can hide opportunistic …