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- Title
The Impact of Payoff Interdependence on Trust and Trustworthiness.
- Authors
Güth, Werner; Levati, M. Vittoria; Ploner, Matteo
- Abstract
In one-shot investment games where each player's payoff is a convex combination of own and other's profit, we measure trust by the amount given to the trustee and trustworthiness by the amount returned to the trustor by the trustee. Does the degree of payoff interdependence increase both trust and trustworthiness or one but not the other or neither of them? According to our experimental data, trust remains unaffected by the extent of interdependence whereas trustworthiness reacts positively to it.
- Subjects
GERMANY; BRIBERY; TRUSTS &; trustees; RELIABILITY (Personality trait); INPUT-output analysis; RATIONAL expectations (Economic theory); ESTIMATION theory; NUMERICAL analysis; ECONOMICS
- Publication
German Economic Review, 2008, Vol 9, Issue 1, p87
- ISSN
1465-6485
- Publication type
Article
- DOI
10.1111/j.1468-0475.2008.00424.x