WebIn the context of binary trust games, Bolle (1998) and Eckel and Wilson (2004) provide investors All-or-Nothing investment options and find an especially high investment rate: … WebThe Trust Game is similar to the dictator game, but with an added first step. It is a sequential game involving two players, the trustor and the trustee. Initially called the Investment Game by Berg, Dickhaut and McCabe in 1995, the trust game originated as a design experiment to study trust and reciprocity in an investment setting. In the ...
What you don’t know won’t hurt you: a laboratory ... - Springer
WebJun 11, 2024 · There were two main treatments—a binary trust game without a punishment opportunity [no punishment treatment (NPT)] and a binary trust game with a punishment opportunity [punishment treatment (PT)]—and two additional versions of the trust game that were included to ensure the robustness of our results (SI Appendix, section S2 has … WebFig. 1. Monetary payoffs in the Decision problem and the Trust game (first payoff to Decision Maker, second to Trustee). one must choose to trust strangers. This paper … florsheim cowboy boots
A Binary Trust Game for the Internet of Things - MDPI
WebFeb 26, 2024 · In the binary Trust Game, backward induction identifies (distrust keep) as the unique subgame-perfect equilibrium: At the final subgame of the game, the trustee’s … WebDec 1, 2004 · In a series of laboratory experiments that focus on a two-person sequential, binary trust game, we examine the relationship between risk attitudes and the decision to trust an anonymous partner. Our experiments include two behavioral risk measures and one survey measure of risk attitudes in addition to the trust game. WebApr 1, 2012 · This paper reports experimental results on the determinants of trust and reciprocity in the context of a genuinely sequential, binary Trust Game. Apart from behavior in the main experiment, subjects’ risk attitudes and inequality aversion are elicited, as well as the traits of neuroticism and agreeableness, captured through the five-factor model. florsheim coupon codes