Trust, but verify? When trustworthiness is observable only through (costly) monitoring
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Jim Engle-Warnick & Robert Slonim, 2006.
"Inferring repeated-game strategies from actions: evidence from trust game experiments,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 28(3), pages 603-632, August.
- Jim Engle-Warnick & Robert L. Slonim, 2001. "Inferring Repeated Game Strategies From Actions: Evidence From Trust Game Experiments," Economics Papers 2001-W13, Economics Group, Nuffield College, University of Oxford.
- Alchian, Armen A & Demsetz, Harold, 1972.
"Production , Information Costs, and Economic Organization,"
American Economic Review, American Economic Association, vol. 62(5), pages 777-795, December.
- Armen A. Alchian & Harold Demsetz, 1971. "Production, Information Costs and Economic Organizations," UCLA Economics Working Papers 10A, UCLA Department of Economics.
- Zak, Paul J & Knack, Stephen, 2001. "Trust and Growth," Economic Journal, Royal Economic Society, vol. 111(470), pages 295-321, April.
- Kreps, David M. & Milgrom, Paul & Roberts, John & Wilson, Robert, 1982.
"Rational cooperation in the finitely repeated prisoners' dilemma,"
Journal of Economic Theory, Elsevier, vol. 27(2), pages 245-252, August.
- David Kreps & Paul Milgrom & John Roberts & Bob Wilson, 2010. "Rational Cooperation in the Finitely Repeated Prisoners' Dilemma," Levine's Working Paper Archive 239, David K. Levine.
- Ernst Fehr & Georg Kirchsteiger & Arno Riedl, 1993.
"Does Fairness Prevent Market Clearing? An Experimental Investigation,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(2), pages 437-459.
- Ernst Fehr & Georg Kirchsteiger & Arno Riedl, 1993. "Does Fairness Prevent Market Clearing? An Experimental Investigation," ULB Institutional Repository 2013/5927, ULB -- Universite Libre de Bruxelles.
- Cooper, Russell & DeJong, Douglas V. & Forsythe, Robert & Ross, Thomas W., 1996.
"Cooperation without Reputation: Experimental Evidence from Prisoner's Dilemma Games,"
Games and Economic Behavior, Elsevier, vol. 12(2), pages 187-218, February.
- Cooper, R. & DeJong, D.W. & Ross, T.W., 1992. "Cooperation without Reputation: Experimental Evidence from Prisoner's Dilemma Games," Papers 36, Boston University - Industry Studies Programme.
- Russell Cooper & Douglas V. DeJong & Thomas W. Ross, 1992. "Cooperation without Reputation: Experimental Evidence from Prisoner's Dilemma Games," Papers 0036, Boston University - Industry Studies Programme.
- Christian Bjørnskov, 2011. "Combating Corruption: On the Interplay between Institutional Quality and Social Trust," Journal of Law and Economics, University of Chicago Press, vol. 54(1), pages 135-159.
- Thöni, Christian & Tyran, Jean-Robert & Wengström, Erik, 2012.
"Microfoundations of social capital,"
Journal of Public Economics, Elsevier, vol. 96(7-8), pages 635-643.
- Christian Thöni & Jean-Robert Tyran & Erik Wengström, 2009. "Microfoundations of Social Capital," Discussion Papers 09-24, University of Copenhagen. Department of Economics, revised Sep 2010.
- Christian Thöni & Jean-Robert Tyran & Erik Wengström, 2010. "Microfoundations of Social Capital," NRN working papers 2010-19, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2008. "Alfred Marshall Lecture Social Capital as Good Culture," Journal of the European Economic Association, MIT Press, vol. 6(2-3), pages 295-320, 04-05.
- Stephen Knack & Philip Keefer, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(4), pages 1251-1288.
- Anderhub, Vital & Engelmann, Dirk & Guth, Werner, 2002.
"An experimental study of the repeated trust game with incomplete information,"
Journal of Economic Behavior & Organization, Elsevier, vol. 48(2), pages 197-216, June.
- Anderhub, Vital & Güth, Werner & Engelmann, Dirk, 1999. "An experimental study of the repeated trust game with incomplete information," SFB 373 Discussion Papers 1999,97, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- Kirchler, Erich & Fehr, Ernst & Evans, Robert, 1996. "Social exchange in the labor market: Reciprocity and trust versus egoistic money maximization," Journal of Economic Psychology, Elsevier, vol. 17(3), pages 313-341, June.
- Samuel Bowles & Herbert Gintis, 2002.
"Social Capital and Community Governance,"
Economic Journal, Royal Economic Society, vol. 112(483), pages 419-436, November.
- Samuel Bowles & Herbert Gintis, 2001. "Social Capital and Community Governance," Working Papers 01-01-003, Santa Fe Institute.
- Andreoni, James A & Miller, John H, 1993.
"Rational Cooperation in the Finitely Repeated Prisoner's Dilemma: Experimental Evidence,"
Economic Journal, Royal Economic Society, vol. 103(418), pages 570-585, May.
- Andreoni, J. & Miller, J.H., 1991. "Rational Cooperative in the Finitely Repeated Prisoner's Dilemma: Experimental Evidence," Working papers 9102, Wisconsin Madison - Social Systems.
- James Andreoni & John H Miller, 1997. "Rational Cooperation in the finitely repeated prisoner's dilemma: experimental evidence," Levine's Working Paper Archive 670, David K. Levine.
- Houser, Daniel & Schunk, Daniel & Winter, Joachim, 2010.
"Distinguishing trust from risk: An anatomy of the investment game,"
Journal of Economic Behavior & Organization, Elsevier, vol. 74(1-2), pages 72-81, May.
- Daniel Houser & Daniel Schunk & Joachim Winter, 2009. "Distinguishing trust from risk: an anatomy of the investment game," IEW - Working Papers 450, Institute for Empirical Research in Economics - University of Zurich.
- Houser, Daniel & Schunk, Daniel & Winter, Joachim, 2010. "Distinguishing trust from risk: An anatomy of the investment game," Munich Reprints in Economics 19378, University of Munich, Department of Economics.
- von Siemens, Ferdinand A., 2013.
"Intention-based reciprocity and the hidden costs of control,"
Journal of Economic Behavior & Organization, Elsevier, vol. 92(C), pages 55-65.
- Ferdinand von Siemens, 2011. "Intention-Based Reciprocity and the Hidden Costs of Control," Tinbergen Institute Discussion Papers 11-115/1, Tinbergen Institute.
- Ferdinand von Siemens, 2011. "Intention-Based Reciprocity and the Hidden Costs of Control," CESifo Working Paper Series 3553, CESifo.
- Gary Bornstein & Ori Weisel, 2010.
"Punishment, Cooperation, and Cheater Detection in “Noisy” Social Exchange,"
Games, MDPI, vol. 1(1), pages 1-16, March.
- Gary Bornstein & Ori Weisel, 2009. "Punishment, Cooperation, and Cheater Detection in "Noisy" Social Exchange," Discussion Paper Series dp528, The Federmann Center for the Study of Rationality, the Hebrew University, Jerusalem.
- Niclas Berggren & Henrik Jordahl, 2006.
"Free to Trust: Economic Freedom and Social Capital,"
Kyklos, Wiley Blackwell, vol. 59(2), pages 141-169, May.
- Berggren, Niclas & Jordahl, Henrik, 2005. "Free to Trust? Economic Freedom and Social Capital," Ratio Working Papers 64, The Ratio Institute.
- Berggren, Niclas & Jordahl, Henrik, 2005. "Free to Trust? Economic Freedom and Social Capital," Working Paper Series 2005:2, Uppsala University, Department of Economics.
- Stephen D. Williamson, 1987.
"Costly Monitoring, Loan Contracts, and Equilibrium Credit Rationing,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(1), pages 135-145.
- Stephen D. Williamson, 1984. "Costly Monitoring, Loan Contracts and Equilibrium Credit Rationing," Working Paper 572, Economics Department, Queen's University.
- Winand Emons, 1997.
"Credence Goods and Fraudelent Experts,"
RAND Journal of Economics, The RAND Corporation, vol. 28(1), pages 107-119, Spring.
- Winand Emons, 1994. "Credence Goods and Fraudulent Experts," Diskussionsschriften dp9402, Universitaet Bern, Departement Volkswirtschaft.
- Awaya, Yu, 2014. "Community enforcement with observation costs," Journal of Economic Theory, Elsevier, vol. 154(C), pages 173-186.
- Schechter, Laura, 2007.
"Traditional trust measurement and the risk confound: An experiment in rural Paraguay,"
Journal of Economic Behavior & Organization, Elsevier, vol. 62(2), pages 272-292, February.
- Laura Schechter, 2005. "Traditional trust measurement and the risk confound: An experiment in rural paraguay," Artefactual Field Experiments 00106, The Field Experiments Website.
- Ernst Fehr, 2009.
"On The Economics and Biology of Trust,"
Journal of the European Economic Association, MIT Press, vol. 7(2-3), pages 235-266, 04-05.
- Ernst Fehr, 2008. "On the Economics and Biology of Trust," SOEPpapers on Multidisciplinary Panel Data Research 154, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Ernst Fehr, 2009. "On the economics and biology of trust," IEW - Working Papers 399, Institute for Empirical Research in Economics - University of Zurich.
- Fehr, Ernst, 2008. "On the Economics and Biology of Trust," IZA Discussion Papers 3895, Institute of Labor Economics (IZA).
- McEvily, Bill & Radzevick, Joseph R. & Weber, Roberto A., 2012. "Whom do you distrust and how much does it cost? An experiment on the measurement of trust," Games and Economic Behavior, Elsevier, vol. 74(1), pages 285-298.
- Cochard, Francois & Nguyen Van, Phu & Willinger, Marc, 2004.
"Trusting behavior in a repeated investment game,"
Journal of Economic Behavior & Organization, Elsevier, vol. 55(1), pages 31-44, September.
- François Cochard & Phu Nguyen Van & Marc Willinger, 2004. "Trusting Behavior in a Repeated Investment Game," Post-Print hal-00459746, HAL.
- Cox, James C., 2004. "How to identify trust and reciprocity," Games and Economic Behavior, Elsevier, vol. 46(2), pages 260-281, February.
- Clark, Kenneth & Sefton, Martin, 2001. "The Sequential Prisoner's Dilemma: Evidence on Reciprocation," Economic Journal, Royal Economic Society, vol. 111(468), pages 51-68, January.
- Thomas Dohmen & Armin Falk & David Huffman & Uwe Sunde & Jürgen Schupp & Gert G. Wagner, 2011.
"Individual Risk Attitudes: Measurement, Determinants, And Behavioral Consequences,"
Journal of the European Economic Association, European Economic Association, vol. 9(3), pages 522-550, June.
- Dohmen, T.J. & Falk, A. & Huffman, D. & Sunde, U. & Schupp, J., 2009. "Individual risk attitudes: measurement, determinants and behavioral consequences," ROA Research Memorandum 006, Maastricht University, Research Centre for Education and the Labour Market (ROA).
- Dohmen, Thomas J. & Falk, Armin & Huffman, David & Sunde, Uwe & Schupp, Jürgen & Wagner, Gert G., 2009. "Individual risk attitudes: Measurement, determinants and behavioral consequences," Munich Reprints in Economics 20049, University of Munich, Department of Economics.
- Dohmen, Thomas J. & Falk, Armin & Huffman, David & Sunde, Uwe & Schupp, Jürgen & Wagner, Gert G., 2011. "Individual risk attitudes: Measurement, determinants, and behavioral consequences," Munich Reprints in Economics 20048, University of Munich, Department of Economics.
- Dohmen, T.J. & Falk, A. & Huffman, D. & Sunde, U. & Schupp, J. & Wagner, G.G., 2009. "Individual risk attitudes: measurement, determinants and behavioral consequences," Research Memorandum 039, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Dean S. Karlan, 2005.
"Using Experimental Economics to Measure Social Capital and Predict Financial Decisions,"
American Economic Review, American Economic Association, vol. 95(5), pages 1688-1699, December.
- Dean Karlan, 2004. "Using experimental economics to measure social capital and predict financial decisions," Artefactual Field Experiments 00074, The Field Experiments Website.
- Karlan, Dean S., 2005. "Using Experimental Economics to Measure Social Capital and Predict Financial Decisions," Center Discussion Papers 28429, Yale University, Economic Growth Center.
- Dean S. Karlan, 2005. "Using Experimental Economics to Measure Social Capital and Predict Financial Decisions," Working Papers 182, Princeton University, Woodrow Wilson School of Public and International Affairs, Research Program in Development Studies..
- Dean S. Karlan, 2005. "Using Experimental Economics to Measure Social Capital And Predict Financial Decisions," Working Papers 909, Economic Growth Center, Yale University.
- Charness, Gary & Du, Ninghua & Yang, Chun-Lei, 2011. "Trust and trustworthiness reputations in an investment game," Games and Economic Behavior, Elsevier, vol. 72(2), pages 361-375, June.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2007.
"Social Capital as Good Culture,"
NBER Working Papers
13712, National Bureau of Economic Research, Inc.
- Guiso, Luigi & Zingales, Luigi & Sapienza, Paola, 2008. "Social Capital as Good Culture," CEPR Discussion Papers 6657, C.E.P.R. Discussion Papers.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2007. "Social Capital as Good Culture," Economics Working Papers ECO2007/57, European University Institute.
- Huck, Steffen & Lünser, Gabriele K. & Tyran, Jean-Robert, 2012.
"Competition fosters trust,"
Games and Economic Behavior, Elsevier, vol. 76(1), pages 195-209.
- Steffen Huck & Gabriele K. Ruchala & Jean-Robert Tyran, 2006. "Competition Fosters Trust," Discussion Papers 06-22, University of Copenhagen. Department of Economics.
- Tyran, Jean-Robert & Huck, Steffen & Ruchala, Gabriele K., 2006. "Competition Fosters Trust," CEPR Discussion Papers 6009, C.E.P.R. Discussion Papers.
- Drew Fudenberg & David Levine & Eric Maskin, 2008.
"The Folk Theorem With Imperfect Public Information,"
World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 12, pages 231-273,
World Scientific Publishing Co. Pte. Ltd..
- Fudenberg, Drew & Levine, David I & Maskin, Eric, 1994. "The Folk Theorem with Imperfect Public Information," Econometrica, Econometric Society, vol. 62(5), pages 997-1039, September.
- Fudenberg, D. & Levine, D.K. & Maskin, E., 1989. "The Folk Theorem With Inperfect Public Information," Working papers 523, Massachusetts Institute of Technology (MIT), Department of Economics.
- Drew Fudenberg & David K. Levine & Eric Maskin, 1994. "The Folk Theorem with Imperfect Public Information," Levine's Working Paper Archive 2058, David K. Levine.
- Drew Fudenberg & David K. Levine & Eric Maskin, 1994. "The Folk Theorem with Imperfect Public Information," Levine's Working Paper Archive 394, David K. Levine.
- Dickinson, David & Villeval, Marie-Claire, 2008.
"Does monitoring decrease work effort?: The complementarity between agency and crowding-out theories,"
Games and Economic Behavior, Elsevier, vol. 63(1), pages 56-76, May.
- Dickinson, David L. & Villeval, Marie Claire, 2004. "Does Monitoring Decrease Work Effort? The Complementarity Between Agency and Crowding-Out Theories," IZA Discussion Papers 1222, Institute of Labor Economics (IZA).
- David Dickinson & Marie Claire Villeval, 2004. "Does Monitoring Decrease Work Effort ? The Complementarity Between Agency and Crowding-Out Theorie," Post-Print halshs-00180112, HAL.
- David Dickinson & Marie Claire Villeval, 2004. "Does Monitoring Decrease Work Effort? The Complementarity Between Agency and Crowding-Out Theories," Post-Print halshs-00175010, HAL.
- Marie-Claire Villeval & David Dickinson, 2004. "Does Monitoring Decrease Work Effort ? The Complementarity Between Agency and Crowding-Out Theories," Working Papers 0409, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- David Dickinson & Marie-Claire Villeval, 2005. "Does Monitoring Decrease Work Effort? The Complementarity Between Agency and Crowding-Out Theories," Working Papers 05-12, Department of Economics, Appalachian State University.
- Ben-Porath, Elchanan & Kahneman, Michael, 2003. "Communication in repeated games with costly monitoring," Games and Economic Behavior, Elsevier, vol. 44(2), pages 227-250, August.
- Simon Gächter & Armin Falk, 2002.
"Reputation and Reciprocity: Consequences for the Labour Relation,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 104(1), pages 1-26, March.
- Simon Gaechter & Armin Falk, "undated". "Reputation and Reciprocity: Consequences for the Labour Relation," IEW - Working Papers 019, Institute for Empirical Research in Economics - University of Zurich.
- Gächter, Simon & Falk, Armin, 2001. "Reputation and Reciprocity: Consequences for Labour Relations," CEPR Discussion Papers 3018, C.E.P.R. Discussion Papers.
- Drew Fudenberg & Eric Maskin, 2008.
"The Folk Theorem In Repeated Games With Discounting Or With Incomplete Information,"
World Scientific Book Chapters, in: Drew Fudenberg & David K Levine (ed.), A Long-Run Collaboration On Long-Run Games, chapter 11, pages 209-230,
World Scientific Publishing Co. Pte. Ltd..
- Fudenberg, Drew & Maskin, Eric, 1986. "The Folk Theorem in Repeated Games with Discounting or with Incomplete Information," Econometrica, Econometric Society, vol. 54(3), pages 533-554, May.
- repec:pri:rpdevs:gamespaper.pdf is not listed on IDEAS
- Dirk Sliwka, 2007.
"Trust as a Signal of a Social Norm and the Hidden Costs of Incentive Schemes,"
American Economic Review, American Economic Association, vol. 97(3), pages 999-1012, June.
- Sliwka, Dirk, 2006. "Trust as a Signal of a Social Norm and the Hidden Costs of Incentive Schemes," IZA Discussion Papers 2293, Institute of Labor Economics (IZA).
- Camera, Gabriele & Casari, Marco & Bigoni, Maria, 2012. "Cooperative strategies in anonymous economies: An experiment," Games and Economic Behavior, Elsevier, vol. 75(2), pages 570-586.
- Johnson, Noel D. & Mislin, Alexandra A., 2011. "Trust games: A meta-analysis," Journal of Economic Psychology, Elsevier, vol. 32(5), pages 865-889.
- Aoyagi, Masaki & Fréchette, Guillaume, 2009. "Collusion as public monitoring becomes noisy: Experimental evidence," Journal of Economic Theory, Elsevier, vol. 144(3), pages 1135-1165, May.
- Urs Fischbacher & Simon Gachter, 2010.
"Social Preferences, Beliefs, and the Dynamics of Free Riding in Public Goods Experiments,"
American Economic Review, American Economic Association, vol. 100(1), pages 541-556, March.
- Urs Fischbacher & Simon Gaechter, 2008. "Social Preferences, Beliefs, and the Dynamics of Free Riding in Public Good Experiments," CESifo Working Paper Series 2491, CESifo.
- Urs Fischbacher & Simon Gaechter, 2009. "Social Preferences, Beliefs, and the Dynamics of Free Riding in Public Good Experiments," Discussion Papers 2009-04, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Iris Bohnet & Steffen Huck, 2004.
"Repetition and Reputation: Implications for Trust and Trustworthiness When Institutions Change,"
American Economic Review, American Economic Association, vol. 94(2), pages 362-366, May.
- Iris Bohnet & Steffen Huck, 2004. "Repetition and Reputation: Implications for Trust and Trustworthiness When Institutions Change," CREMA Working Paper Series 2004-09, Center for Research in Economics, Management and the Arts (CREMA).
- Ernst Fehr & John A. List, 2004.
"The Hidden Costs and Returns of Incentives-Trust and Trustworthiness Among CEOs,"
Journal of the European Economic Association, MIT Press, vol. 2(5), pages 743-771, September.
- E. Fehr & John A. List, "undated". "The Hidden Costs and Returns of Incentives - Trust and Trustworthiness among CEOs," IEW - Working Papers 134, Institute for Empirical Research in Economics - University of Zurich.
- Ernst Fehr & John List, 2004. "The hidden costs and returns of incentives - trust and trustworthiness among ceos," Artefactual Field Experiments 00044, The Field Experiments Website.
- Ernst Fehr & John A. List, 2004. "THE HIDDEN COSTS AND RETURNS OF INCENTIVES — TRUST AND TRUSTWORTHINESS AMONG CEOs," Labor and Demography 0409012, University Library of Munich, Germany.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2004.
"The Role of Social Capital in Financial Development,"
American Economic Review, American Economic Association, vol. 94(3), pages 526-556, June.
- Guiso, Luigi & Zingales, Luigi & Sapienza, Paola, 2000. "The Role of Social Capital In Financial Development," CEPR Discussion Papers 2383, C.E.P.R. Discussion Papers.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2000. "The Role of Social Capital in Financial Development," NBER Working Papers 7563, National Bureau of Economic Research, Inc.
- Luigi Guiso & Paola Sapienza & Luigi Zingales, 2000. "The Role of Social Capital in Financial Development," CRSP working papers 511, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
- Boix, Carles & Posner, Daniel N., 1998. "Social Capital: Explaining Its Origins and Effects on Government Performance," British Journal of Political Science, Cambridge University Press, vol. 28(4), pages 686-693, October.
- Rubinstein, Ariel, 1979. "Equilibrium in supergames with the overtaking criterion," Journal of Economic Theory, Elsevier, vol. 21(1), pages 1-9, August.
- Attila Ambrus & Ben Greiner, 2012.
"Imperfect Public Monitoring with Costly Punishment: An Experimental Study,"
American Economic Review, American Economic Association, vol. 102(7), pages 3317-3332, December.
- Attila Ambrus & Ben Greiner, 2011. "Imperfect public monitoring with costly punishment - An experimental study," Discussion Papers 2011-10, School of Economics, The University of New South Wales.
- Cason, Timothy N. & Khan, Feisal U., 1999. "A laboratory study of voluntary public goods provision with imperfect monitoring and communication," Journal of Development Economics, Elsevier, vol. 58(2), pages 533-552, April.
- Andreoni, James & Croson, Rachel, 2008.
"Partners versus Strangers: Random Rematching in Public Goods Experiments,"
Handbook of Experimental Economics Results, in: Charles R. Plott & Vernon L. Smith (ed.), Handbook of Experimental Economics Results, edition 1, volume 1, chapter 82, pages 776-783,
Elsevier.
- Andreoni,J. & Croson,R., 1998. "Partners versus strangers : random rematching in public goods experiments," Working papers 11, Wisconsin Madison - Social Systems.
- James Andreoni & Rachel Croson, 2001. "Partners versus Strangers: Random Rematching in Public Goods Experiments," Levine's Working Paper Archive 563824000000000132, David K. Levine.
- Dong, Xiao-yuan & Dow, Gregory K, 1993. "Monitoring Costs in Chinese Agricutural Teams," Journal of Political Economy, University of Chicago Press, vol. 101(3), pages 539-553, June.
- Engle-Warnick, J. & Slonim, Robert L., 2006. "Learning to trust in indefinitely repeated games," Games and Economic Behavior, Elsevier, vol. 54(1), pages 95-114, January.
- Williamson, Stephen D., 1986.
"Costly monitoring, financial intermediation, and equilibrium credit rationing,"
Journal of Monetary Economics, Elsevier, vol. 18(2), pages 159-179, September.
- Stephen D. Williamson, 1984. "Costly Monitoring, Financial Intermediation, and Equilibrium Credit Rationing," Working Paper 583, Economics Department, Queen's University.
- Miyagawa, Eiichi & Miyahara, Yasuyuki & Sekiguchi, Tadashi, 2008.
"The folk theorem for repeated games with observation costs,"
Journal of Economic Theory, Elsevier, vol. 139(1), pages 192-221, March.
- Eiichi Miyagawa & Yasuyuki Miyahara & Tadashi Sekiguchi, 2004. "The Folk Theorem for Repeated Games with Observation Costs," KIER Working Papers 597, Kyoto University, Institute of Economic Research.
- Yasuyuki Miyahara & Tadashi Sekiguchi & Eiichi Miyagawa, 2007. "The Folk Theorem for Repeated Games with Observation Costs," 2007 Meeting Papers 751, Society for Economic Dynamics.
- Duffy, John & Ochs, Jack, 2009.
"Cooperative behavior and the frequency of social interaction,"
Games and Economic Behavior, Elsevier, vol. 66(2), pages 785-812, July.
- John Duffy & Jack Ochs, 2004. "Cooperative Behavior and the Frequency of Social Interaction," Levine's Bibliography 122247000000000108, UCLA Department of Economics.
- John Duffy & Jack Ochs, 2004. "Cooperative Behavior and the Frequency of Social Interaction," Levine's Working Paper Archive 122247000000000060, David K. Levine.
- Letki, Natalia & Evans, Geoffrey, 2005. "Endogenizing Social Trust: Democratization in East-Central Europe," British Journal of Political Science, Cambridge University Press, vol. 35(3), pages 515-529, July.
- Gabriele Camera & Marco Casari, 2009. "Cooperation among Strangers under the Shadow of the Future," American Economic Review, American Economic Association, vol. 99(3), pages 979-1005, June.
- Holcomb, James H. & Nelson, Paul S., 1997. "The role of monitoring in duopoly market outcomes," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 26(1), pages 79-93.
- Urs Fischbacher, 2007. "z-Tree: Zurich toolbox for ready-made economic experiments," Experimental Economics, Springer;Economic Science Association, vol. 10(2), pages 171-178, June.
- Dreber, Anna & Fudenberg, Drew & Rand, David G., 2014.
"Who cooperates in repeated games: The role of altruism, inequity aversion, and demographics,"
Journal of Economic Behavior & Organization, Elsevier, vol. 98(C), pages 41-55.
- Dreber-Almenberg, Anna & Fudenberg, Drew & Rand, David G., 2014. "Who cooperates in repeated games: The role of altruism, inequity aversion, and demographics," Scholarly Articles 11923167, Harvard University Department of Economics.
- Burnham, Terence & McCabe, Kevin & Smith, Vernon L., 2000. "Friend-or-foe intentionality priming in an extensive form trust game," Journal of Economic Behavior & Organization, Elsevier, vol. 43(1), pages 57-73, September.
- Camerer, Colin & Weigelt, Keith, 1988. "Experimental Tests of a Sequential Equilibrium Reputation Model," Econometrica, Econometric Society, vol. 56(1), pages 1-36, January.
- Ben-Ner, Avner & Halldorsson, Freyr, 2010. "Trusting and trustworthiness: What are they, how to measure them, and what affects them," Journal of Economic Psychology, Elsevier, vol. 31(1), pages 64-79, February.
- Yu, Shu & Beugelsdijk, Sjoerd & de Haan, Jakob, 2015. "Trade, trust and the rule of law," European Journal of Political Economy, Elsevier, vol. 37(C), pages 102-115.
- Greif, Avner, 1993. "Contract Enforceability and Economic Institutions in Early Trade: the Maghribi Traders' Coalition," American Economic Review, American Economic Association, vol. 83(3), pages 525-548, June.
- Michihiro Kandori, 1992. "The Use of Information in Repeated Games with Imperfect Monitoring," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(3), pages 581-593.
- Kandel, Eugene & Lazear, Edward P, 1992.
"Peer Pressure and Partnerships,"
Journal of Political Economy, University of Chicago Press, vol. 100(4), pages 801-817, August.
- Kandel, E. & Lazear, E.P., 1990. "Peer Pressure and Partnerships," Papers 90-07, Rochester, Business - Managerial Economics Research Center.
- Ben Greiner, 2004. "The Online Recruitment System ORSEE - A Guide for the Organization of Experiments in Economics," Papers on Strategic Interaction 2003-10, Max Planck Institute of Economics, Strategic Interaction Group.
- Falk, Armin & Gachter, Simon & Kovacs, Judit, 1999. "Intrinsic motivation and extrinsic incentives in a repeated game with incomplete contracts," Journal of Economic Psychology, Elsevier, vol. 20(3), pages 251-284, June.
- Henrich, Joseph & Boyd, Robert & Bowles, Samuel & Camerer, Colin & Fehr, Ernst & Gintis, Herbert (ed.), 2004. "Foundations of Human Sociality: Economic Experiments and Ethnographic Evidence from Fifteen Small-Scale Societies," OUP Catalogue, Oxford University Press, number 9780199262052.
- Georgarakos, Dimitris & Fürth, Sven, 2015. "Household repayment behavior: The role of social capital and institutional, political, and religious beliefs," European Journal of Political Economy, Elsevier, vol. 37(C), pages 249-265.
- Bohnet, Iris & Frey, Bruno S. & Huck, Steffen, 2001.
"More Order with Less Law: On Contract Enforcement, Trust, and Crowding,"
American Political Science Review, Cambridge University Press, vol. 95(1), pages 131-144, March.
- Iris Bohnet & Bruno S. Frey & Steffen Huck, "undated". "More Order with Less Law: On Contract Enforcement, Trust, and Crowding," IEW - Working Papers 052, Institute for Empirical Research in Economics - University of Zurich.
- Daniel S. Nagin & James B. Rebitzer & Seth Sanders & Lowell J. Taylor, 2002.
"Monitoring, Motivation, and Management: The Determinants of Opportunistic Behavior in a Field Experiment,"
American Economic Review, American Economic Association, vol. 92(4), pages 850-873, September.
- Daniel Nagin & James Rebitzer & Seth Sanders & Lowell Taylor, 2002. "Monitoring, Motivation and Management: The Determinants of Opportunistic Behavior in a Field Experiment," NBER Working Papers 8811, National Bureau of Economic Research, Inc.
- DiPasquale, Denise & Glaeser, Edward L., 1999.
"Incentives and Social Capital: Are Homeowners Better Citizens?,"
Journal of Urban Economics, Elsevier, vol. 45(2), pages 354-384, March.
- Denice DiPasquale & Edward L. Glaeser, 1997. "Incentives and Social Capital: Are Homeowners Better Citizens?," Harvard Institute of Economic Research Working Papers 1815, Harvard - Institute of Economic Research.
- Denise DiPasquale & Edward L. Glaeser, 1998. "Incentives and Social Capital: Are Homeowners Better Citizens?," NBER Working Papers 6363, National Bureau of Economic Research, Inc.
- Engle-Warnick, Jim & Slonim, Robert L., 2004. "The evolution of strategies in a repeated trust game," Journal of Economic Behavior & Organization, Elsevier, vol. 55(4), pages 553-573, December.
- Nava Ashraf & Iris Bohnet & Nikita Piankov, 2006. "Decomposing trust and trustworthiness," Experimental Economics, Springer;Economic Science Association, vol. 9(3), pages 193-208, September.
- Carpenter, Jeffrey P. & Daniere, Amrita G. & Takahashi, Lois M., 2004.
"Cooperation, trust, and social capital in Southeast Asian urban slums,"
Journal of Economic Behavior & Organization, Elsevier, vol. 55(4), pages 533-551, December.
- Jeffrey Carpenter & Amrita Daniere & Lois Takahashi, 2003. "Cooperation, Trust, and Social Capital in Southeast Asian Urban Slums," Middlebury College Working Paper Series 0309, Middlebury College, Department of Economics.
- Jeff Carpenter & Amrita Daniere & Lois Takahashi, 2004. "Cooperation, trust, and social capital in southeast asian urban slums," Artefactual Field Experiments 00035, The Field Experiments Website.
- Sainty, Barbara, 1999. "Achieving greater cooperation in a noisy prisoner's dilemma: an experimental investigation," Journal of Economic Behavior & Organization, Elsevier, vol. 39(4), pages 421-435, July.
- Bracht, Juergen & Feltovich, Nick, 2009. "Whatever you say, your reputation precedes you: Observation and cheap talk in the trust game," Journal of Public Economics, Elsevier, vol. 93(9-10), pages 1036-1044, October.
- Slonim, Robert & Guillen, Pablo, 2010. "Gender selection discrimination: Evidence from a Trust game," Journal of Economic Behavior & Organization, Elsevier, vol. 76(2), pages 385-405, November.
- Laura Schechter, 2006. "Trust, trustworthiness, and risk in rural Paraguay," Experimental Economics, Springer;Economic Science Association, vol. 9(2), pages 173-173, June.
- Annen, Kurt, 2013. "Social capital as a substitute for formality: Evidence from Bolivia," European Journal of Political Economy, Elsevier, vol. 31(C), pages 82-92.
- Fehr, Ernst & Kirchler, Erich & Weichbold, Andreas & Gächter, Simon, 1998. "When Social Norms Overpower Competition: Gift Exchange in Experimental Labor Markets," Journal of Labor Economics, University of Chicago Press, vol. 16(2), pages 324-351, April.
- David Dickinson & Marie Claire Villeval, 2008. "Does Monitoring Decrease Work Effort?," Post-Print halshs-00276284, HAL.
- Michael Kosfeld & Armin Falk, 2006.
"The Hidden Costs of Control,"
American Economic Review, American Economic Association, vol. 96(5), pages 1611-1630, December.
- Armin Falk & Michael Kosfeld, "undated". "The Hidden Costs of Control," IEW - Working Papers 250, Institute for Empirical Research in Economics - University of Zurich.
- Michihiro Kandori, 1992.
"Social Norms and Community Enforcement,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(1), pages 63-80.
- Michi Kandori, 2010. "Social Norms and Community Enforcement," Levine's Working Paper Archive 630, David K. Levine.
- Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, vol. 74(3), pages 433-444, June.
- Eckel, Catherine C. & Wilson, Rick K., 2004. "Is trust a risky decision?," Journal of Economic Behavior & Organization, Elsevier, vol. 55(4), pages 447-465, December.
- Dickinson, David & Villeval, Marie-Claire, 2008.
"Does monitoring decrease work effort?: The complementarity between agency and crowding-out theories,"
Games and Economic Behavior, Elsevier, vol. 63(1), pages 56-76, May.
- Dickinson, David L. & Villeval, Marie Claire, 2004. "Does Monitoring Decrease Work Effort? The Complementarity Between Agency and Crowding-Out Theories," IZA Discussion Papers 1222, Institute of Labor Economics (IZA).
- David Dickinson & Marie Claire Villeval, 2004. "Does Monitoring Decrease Work Effort? The Complementary between Agency and Crowding-Out Theories," Post-Print halshs-00176789, HAL.
- David Dickinson & Marie Claire Villeval, 2004. "Does Monitoring Decrease Work Effort? The Complementarity Between Agency and Crowding-Out Theories," Post-Print halshs-00175010, HAL.
- Marie-Claire Villeval & David Dickinson, 2004. "Does Monitoring Decrease Work Effort ? The Complementarity Between Agency and Crowding-Out Theories," Working Papers 0409, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
- David Dickinson & Marie-Claire Villeval, 2005. "Does Monitoring Decrease Work Effort? The Complementarity Between Agency and Crowding-Out Theories," Working Papers 05-12, Department of Economics, Appalachian State University.
- Berg Joyce & Dickhaut John & McCabe Kevin, 1995. "Trust, Reciprocity, and Social History," Games and Economic Behavior, Elsevier, vol. 10(1), pages 122-142, July.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Goeschl, Timo & Jarke, Johannes, 2017. "Trust, but verify? Monitoring, inspection costs, and opportunism under limited observability," Journal of Economic Behavior & Organization, Elsevier, vol. 142(C), pages 320-330.
- Ernst Fehr, 2009.
"On The Economics and Biology of Trust,"
Journal of the European Economic Association, MIT Press, vol. 7(2-3), pages 235-266, 04-05.
- Fehr, Ernst, 2008. "On the Economics and Biology of Trust," IZA Discussion Papers 3895, Institute of Labor Economics (IZA).
- Ernst Fehr, 2009. "On the economics and biology of trust," IEW - Working Papers 399, Institute for Empirical Research in Economics - University of Zurich.
- Ernst Fehr, 2008. "On the Economics and Biology of Trust," SOEPpapers on Multidisciplinary Panel Data Research 154, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Kartal, Melis & Müller, Wieland & Tremewan, James, 2021. "Building trust: The costs and benefits of gradualism," Games and Economic Behavior, Elsevier, vol. 130(C), pages 258-275.
- Johnsen, Åshild A. & Kvaløy, Ola, 2016. "Does strategic kindness crowd out prosocial behavior?," Journal of Economic Behavior & Organization, Elsevier, vol. 132(PA), pages 1-11.
- Ernesto Reuben & Sigrid Suetens, 2012.
"Revisiting strategic versus non-strategic cooperation,"
Experimental Economics, Springer;Economic Science Association, vol. 15(1), pages 24-43, March.
- Reuben, E. & Suetens, S., 2009. "Revisiting Strategic versus Non-strategic Cooperation," Discussion Paper 2009-22, Tilburg University, Center for Economic Research.
- Reuben, E. & Suetens, S., 2009. "Revisiting Strategic versus Non-strategic Cooperation," Other publications TiSEM 4ed16b68-4a46-4565-a6ba-6, Tilburg University, School of Economics and Management.
- Reuben, Ernesto & Suetens, Sigrid, 2009. "Revisiting Strategic versus Non-Strategic Cooperation," IZA Discussion Papers 4107, Institute of Labor Economics (IZA).
- repec:tiu:tiucen:200922 is not listed on IDEAS
- repec:dgr:kubcen:200922 is not listed on IDEAS
- repec:dgr:kubcen:200833 is not listed on IDEAS
- repec:tiu:tiucen:200833 is not listed on IDEAS
- Rahul Mehrotra & Vincent Somville & Lore vandewalle, 2016.
"Increasing trust in the bank to enhance savings: Experimental evidence from India,"
CMI Working Papers
1, CMI (Chr. Michelsen Institute), Bergen, Norway.
- Rahul Mehrotra & Vincent Somville & Lore vandewalle, 2016. "Increasing trust in the bank to enhance savings: Experimental evidence from India," CMI Working Papers 2, CMI (Chr. Michelsen Institute), Bergen, Norway.
- Bejarano, Hernán & Gillet, Joris & Rodriguez-Lara, Ismael, 2021.
"Trust and trustworthiness after negative random shocks,"
Journal of Economic Psychology, Elsevier, vol. 86(C).
- Hernan Bejarano & Joris Gillet & Ismael Rodriguez-Lara, 2020. "Trust and Trustworthiness After Negative Random Shocks," Working Papers 20-25, Chapman University, Economic Science Institute.
- Hernan Bejarano & Joris Gillet & Ismael Rodriguez-Lara, 2021. "Trust and trustworthiness after negative random shocks," ThE Papers 21/06, Department of Economic Theory and Economic History of the University of Granada..
- Hernán Bejarano & Joris Gillet & Ismael Rodríguez-Lara, 2021. "Trust and trustworthiness after negative random shocks," Working Papers 50, Red Nacional de Investigadores en Economía (RedNIE).
- Murnighan, J. Keith & Wang, Long, 2016. "The social world as an experimental game," Organizational Behavior and Human Decision Processes, Elsevier, vol. 136(C), pages 80-94.
- Hernan Bejarano & Joris Gillet & Ismael Rodriguez-Lara, 2020.
"Trust and Trustworthiness After Negative Random Shocks,"
Working Papers
20-25, Chapman University, Economic Science Institute.
- Bejarano, Hernan & Gillet, Joris & Lara, Ismael Rodríguez, 2020. "Trust and trustworthiness after negative random shocks," SocArXiv p4tw2, Center for Open Science.
- Hernán Bejarano & Joris Gillet & Ismael Rodríguez-Lara, 2021. "Trust and trustworthiness after negative random shocks," Working Papers 50, Red Nacional de Investigadores en Economía (RedNIE).
- Aidin Hajikhameneh & Erik O. Kimbrough, 2019.
"Individualism, collectivism, and trade,"
Experimental Economics, Springer;Economic Science Association, vol. 22(2), pages 294-324, June.
- Aidin Hajikhameneh & Erik O. Kimbrough, 2017. "Individualism, Collectivism, and Trade," Discussion Papers dp17-01, Department of Economics, Simon Fraser University.
- Giuseppe Albanese & Guido de Blasio & Paolo Sestito, 2017. "Trust, risk and time preferences: evidence from survey data," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 64(4), pages 367-388, December.
- Åshild A. Johnsen & Ola Kvaløy, 2014. "Does Instrumental Reciprocity Crowd out Prosocial Behavior?," CESifo Working Paper Series 5078, CESifo.
- Simon Gächter & Esther Kaiser & Manfred Königstein, 2024.
"Incentive contracts crowd out voluntary cooperation: Evidence from gift-exchange experiments,"
Discussion Papers
2024-02, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Gächter, Simon & Kaiser, Esther & Königstein, Manfred, 2024. "Incentive Contracts Crowd Out Voluntary Cooperation: Evidence from Gift-Exchange Experiments," IZA Discussion Papers 16872, Institute of Labor Economics (IZA).
- Arnstein Aassve & Pierluigi Conzo & Francesco Mattioli, 2021.
"Was Banfield right? New insights from a nationwide laboratory experiment,"
Journal of Regional Science, Wiley Blackwell, vol. 61(5), pages 1029-1064, November.
- Arnstein Aassve & Pierluigi Conzo & Francesco Mattioli, 2018. "Was Banfield right? New insights from a nationwide laboratory experiment," Carlo Alberto Notebooks 571, Collegio Carlo Alberto.
- Aassve, Arnstein & Conzo, Pierluigi & Mattioli, Francesco, 2019. "Was Banfield Right? New Insights from a Nationwide Laboratory Experiment," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201907, University of Turin.
- Goeschl, Timo & Jarke, Johannes, 2013. "Non-Strategic Punishment when Monitoring is Costly: Experimental Evidence on Differences between Second and Third Party Behavior," Working Papers 0545, University of Heidelberg, Department of Economics.
- Bogliacino, Francesco & Jiménez Lozano, Laura & Grimalda, Gianluca, 2018. "Consultative democracy and trust11We thank Vanessa Carrillo, Jairo Paéz and Daniel Reyes for their help during the experiments. A special thanks to Franci Beltrán, Jairo Paéz and Alfonso Peña for prov," Structural Change and Economic Dynamics, Elsevier, vol. 44(C), pages 55-67.
- Davies, Elwyn & Fafchamps, Marcel, 2021.
"When no bad deed goes punished: Relational contracting in Ghana and the UK,"
Journal of Economic Behavior & Organization, Elsevier, vol. 191(C), pages 714-737.
- Fafchamps, Marcel & Davies, Elwyn, 2018. "When No Bad Deed Goes Punished: Relational Contracting in Ghana and the UK," CEPR Discussion Papers 13057, C.E.P.R. Discussion Papers.
- Engle-Warnick, J. & Slonim, Robert L., 2006. "Learning to trust in indefinitely repeated games," Games and Economic Behavior, Elsevier, vol. 54(1), pages 95-114, January.
- Houser, Daniel & Schunk, Daniel & Winter, Joachim, 2010.
"Distinguishing trust from risk: An anatomy of the investment game,"
Journal of Economic Behavior & Organization, Elsevier, vol. 74(1-2), pages 72-81, May.
- Daniel Houser & Daniel Schunk & Joachim Winter, 2009. "Distinguishing trust from risk: an anatomy of the investment game," IEW - Working Papers 450, Institute for Empirical Research in Economics - University of Zurich.
- Houser, Daniel & Schunk, Daniel & Winter, Joachim, 2010. "Distinguishing trust from risk: An anatomy of the investment game," Munich Reprints in Economics 19378, University of Munich, Department of Economics.
- Sofianos, Andis, 2022. "Self-reported & revealed trust: Experimental evidence," Journal of Economic Psychology, Elsevier, vol. 88(C).
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:uhhwps:20. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/fwhamde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.