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TRUST, RECIPROCITY, AND SOCIAL-HISTORY
Author(s): BERG J, DICKHAUT J, MCCABE K
Source: GAMES AND ECONOMIC BEHAVIOR    Volume: 10    Issue: 1    Pages: 122-142    Published: JUL 1995  
Times Cited: 389     References: 25     
Abstract: We designed an experiment to study trust and reciprocity in an investment setting. This design controls for alternative explanations of behavior including repeat game reputation effects, contractual precommitments, and punishment threats. Observed decisions suggest that reciprocity exists as a basic element of human behavior and that this is accounted for in the trust extended to an anonymous counterpart. A second treatment, social history, identifies conditions which strengthen the relationship between trust and reciprocity. (C) 1995 Academic Press, Inc.
Document Type: Article
Language: English
Reprint Address: BERG, J (reprint author), UNIV IOWA, IOWA CITY, IA 52442 USA
Addresses:
1. UNIV MINNESOTA, DEPT ACCOUNTING, MINNEAPOLIS, MN 55455 USA
Publisher: ACADEMIC PRESS INC JNL-COMP SUBSCRIPTIONS, 525B STREET, SUITE 1900, SAN DIEGO, CA 92101-4495
Subject Category: Economics
IDS Number: RM504
ISSN: 0899-8256
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