The evolution of strategies in a repeated trust game

Journal of Economic Behavior and Organization

Volumn 55, Issue 4 SPEC.ISS., 2004, Pages 553-573

  Engle Warnick, Jim ^a   Slonim, Robert L ^b  

^a MCGILL UNIVERSITY   (Canada)

^b CASE WESTERN RESERVE UNIVERSITY   (United States)

Author keywords

Experiments; Repeated games; Repeated game strategies; Trust

Indexed keywords

EID: 5744242983     PISSN: 01672681     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jebo.2003.11.008     Document Type: Article

References (35)

1. D. Abreu A. Rubinstein The structure of Nash equilibrium in repeated games with finite automata Econometrica 56 1988 1259-1282
2. J. Andreoni Why free ride? Strategies and learning in public goods experiments Journal of Public Economics 37 1988 291-304
3. K. Arrow The Limits of Organization 1974 Norton New York
4. R. Axelrod The Evolution of Cooperation 1984 Basic Books New York
5. Bereby-Meyer Y. Roth A.E. 2003. Learning in noisy games: partial reinforcement and the sustainability of cooperation. Working paper. Harvard University
6. J. Berg J. Dickhaut K. McCabe Trust, reciprocity, and social history Games and Economic Behavior 10 1995 122-142
7. K. Binmore L. Samuelson Evolutionary stability in repeated games played by finite automata Journal of Economic Theory 57 1992 278-305
8. I. Bohnet B. Frey S. Huck More order with less law: on contract enforcement, trust, and crowding American Political Science Review 95 2001 131-144
9. I. Bohnet R. Zeckhauser Trust, Risk, and Betrayal Journal of Economic Behavior & Organization 55 4 2004 467-484
10. Bolton G. Ockenfels A. 2000. ERC: A Theory of Equity, Reciprocity and Competition, vol. 90, pp. 166-193
11. N. Buchan R. Croson The Boundaries of Trust: Own and Other's Actions in the US and China Journal of Economic Behavior & Organization 55 4 2004 485-504
12. C. Camerer Behavioral Game Theory 2003 Princeton University Press Princeton
13. C. Camerer K. Weigelt Experimental tests of a sequential equilibrium reputation model Econometrica 56 1988 1-36
14. Carpenter J. Daniere A. Takahashi L. 2004. Comparing Measures of Social Capital Using Data from Southeast Asia Slums. This volume
15. K. Clark M. Sefton The sequential prisoner's dilemma: evidence on reciprocation The Economic Journal 12 2001 187-218
16. M. Costa-Gomes V. Crawford B. Broseta Cognition and behavior in normal-form games: an experimental study Econometrica 69 2001 1193-1237
17. J. Cox How to identify trust and reciprocity Games and Economic Behavior 46 2004 260-281
18. Eckel C. Wilson R. 2004. Conditional trust: sex, race and fecial expressions in a trust game. Working paper. Virginia Tech University
19. Engle-Warnick J. Ruffle B. 2002. The Strategies Behind Their Actions: A Method to Infer Repeated-Game Strategies and an Application to Buyer Behavior. Nuffield College, University of Oxford, Economics Paper No. 2002-W14
20. Engle-Warnick J. Slonim R. 2002. Inferring Repeated-Game Strategies from Actions: Evidence from Trust Game Experiments. Nuffield College, University of Oxford, Economics Paper No. 2001-W13
21. E. Fehr K. Schmidt A theory of fairness, competition and cooperation The Quarterly Journal of Economics 114 1999 817-868
22. Fehr E. Gächter S. 2002. Do incentive contracts undermine voluntary cooperation? Working paper 1424-0459. Institute for Empirical Research in Economics, University of Zurich
23. D. Fudenberg E. Maskin The folk theorem in repeated games with discounting or with incomplete information Econometrica 54 1986 533-554
24. F. Fukuyama Trust: Social Virtues and the Creation of Prosperity 1995 Free Press New York
25. S. Gächter B. Hermann C. Thoni Trust, Voluntary Cooperation, and Socio-Economic Background: Survey and Experimental Evidence Journal of Economic Behavior & Organization 55 4 2004 505-531
26. A. Greif Contract enforceability and economic institutions in early trade: the Maghribi traders' coalition The American Economic Review 85 1993 525-548
27. Keser C. 2002. Trust and reputation building in e-commerce.Working paper. IBM T. J. Watson Research Center and CIRANO
28. S. Knack K. Keefer Does social capital have an economic payoff? A cross-country investigation Quarterly Journal of Economics 112 1997 1251-1288
29. R. Mayer J. Davis D. Schoorman An integrative model of organizational trust The Academy of Management Review 2 1995 709-734
30. E. Ostrom A behavioral approach to the rational choice theory of collective action: Presidential Address American Political Science Review 92 1998 1-22
31. R. Putnam R. Leonardi R. Nanetti Making Democracy Work: Civic Traditions in Modern Italy 1993 Princeton University Press Princeton
32. E. Renner J.R. Tyran Price Rigidity in Customer Markets: An Experimental Study Journal of Economic Behavior & Organization. 55 4 2004 575-593
33. R. Selten M. Mitzkewitz G. Uhlich Duopoly strategies programmed by experienced traders Econometrica 65 1997 517-555
34. R. Selten R. Stoeker End behavior in sequences of finite prisoner's dilemma supergames Journal of Economic Behavior and Organization 7 1986 47-70
35. E. Uslaner The Moral Foundations of Trust 2002 Cambridge University Press Cambridge