Arbeitspapier
Trust, communication and contracts: Experimental evidence
We introduce opportunities for pre-play communication and to enter binding or non-binding contracts in trust games, and find (a) communication increases trusting and trustworthiness, (b) contracts are unnecessary for trusting and trustworthy behaviors and are eschewed by many players, (c) more trusting leads to higher earnings, and (d) both trustors and trustees favor “fair and efficient” proposals over the unequal proposals predicted by theory.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2006-23
- Klassifikation
-
Wirtschaft
Noncooperative Games
Design of Experiments: Laboratory, Individual
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- Thema
-
trust game
trust
trustworthiness
reciprocity
Commitment
communication
Vertrauen
Spieltheorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ben-Ner, Avner
Putterman, Louis
- Ereignis
-
Veröffentlichung
- (wer)
-
Brown University, Department of Economics
- (wo)
-
Providence, RI
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Ben-Ner, Avner
- Putterman, Louis
- Brown University, Department of Economics
Entstanden
- 2006