Trust and Trustworthiness in Corrupted Economic Environments
نویسندگان
چکیده
We use an original variant of the standard trust game to study effects corruption on and trustworthiness. In this game, both trustor trustee know that part surplus they can generate may be captured by a third “corrupted” player under different expected costs audit prosecution. find slightly higher trustor’s giving in presence corruption, matched significant excess reciprocity from trustee. Both expect, average, act as tax, inelastic changes probability Expectations are correct for inelasticity assumption actual value “corruption tax”. Our experimental findings lead rejection four hypotheses based purely self-regarding preferences. discuss how apparently paradoxical effect is consistent with cultural role heroes history, where examples commendable have been used stimulate emulation ordinary people. results suggest component makes rational effective strategy.
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ژورنال
عنوان ژورنال: Games
سال: 2021
ISSN: ['2073-4336']
DOI: https://doi.org/10.3390/g12010016