Cooperation based on trust: An experimental investigation

Journal of Economic Psychology

Volumn 18, Issue 1, 1997, Pages 15-43

  Güth, Werner ^a   Ockenfels, Peter ^b   Wendel, Markus ^b,c  

^a HUMBOLDT UNIVERSITY   (Germany)

^b GOETHE UNIVERSITY   (Germany)

^c NONE   (Germany)

Author keywords

Centipede game; Cooperation; Distributive justice; Experimental economics; Experimental psychology; Fairness; Game theory

Indexed keywords

EID: 0031068646     PISSN: 01674870     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0167-4870(96)00045-1     Document Type: Article

References (11)

1. Bolle, F. and P. Ockenfels. 1990. Prisoners' dilemma as a game with incomplete information. Journal of Economic Psychology 11, 65-84.
2. Güth, W. and S. Huck, forthcoming. From ultimatum bargaining to dictatorship - An experimental study of four games varying in veto power. Metroeconomica.
3. Güth, W., S. Huck and P. Ockenfels. 1996. Two level-ultimatum bargaining with incomplete information - An experimental study. The Economic Journal 106(436), 593-604.
4. Güth, W. and H. Kliemt. 1994. Competition or co-operation - On the evolutionary economics of trust, exploitation and moral attitudes. Metroeconomica 45, 155-187.
5. Güth, W., P. Ockenfels and M. Wendel, 1993. Efficiency by trust in fairness? - Multiperiod ultimatum bargaining experiments with an increasing cake. International Journal of Game Theory 22, 51-73.
6. Güth, W. and R. Tietz. 1990. Ultimatum bargaining behavior - A survey and comparision of experimental results. Journal of Economic Psychology 11. 417-449.
7. Hoffman, E., K.A. McCabe, K. Shachat and V.L. Smith, 1994. Preferences, property rights and anonymity in bargaining games. Games and Economic Behavior 7, 346-380.
8. Königstein, M. and R. Tietz, 1995. Profit sharing in an asymmetric bargaining game. Working Paper, Humboldt University, Berlin, and Johann Wolfgang Goethe University, Frankfurt am Main, Germany.
9. McKelvey, R.D. and T. Palfrey, 1992. An Experimental Study of the Centipede Game, Econometriea 60, 803-836.
10. Snijders, C. and G. Keren, 1994. Giving trust and honoring it: An experimental test of two utility transformations. Working Paper, University of Utrecht. The Netherlands.
11. Wendel, M., 1994. Rationality and speculation - An experimental study of two interdependent markets with incomplete information. Working Paper. Johann Wolfgang Goethe University, Frankfurt am Main, Germany.