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Sorting of trustees: the good and the bad stay in the game

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Bibliographic Details
Main Authors: Eberhard, Feess, Florian, Kerzenmacher
Format: Book
Language:English
Published: Springer 2023
Subjects:
trustees in trust games
Trustors
Online Access:https://link.springer.com/article/10.1007/s00199-023-01491-3
https://dlib.phenikaa-uni.edu.vn/handle/PNK/7742
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spelling oai:localhost:PNK-77422023-04-11T02:23:19Z Sorting of trustees: the good and the bad stay in the game Eberhard, Feess Florian, Kerzenmacher trustees in trust games Trustors CC BY We extend the theoretical and experimental analysis of endogenous sorting in social dilemma games to decisions of trustees in trust games. Trustees first decide about the amount they send back if the trustor sends the money and then learn that they can exit the game for a payoff that is identical to the trustor’s endowment. We develop a behavioral model where trustors and trustees have reciprocal preferences, and hence put positive weight on the other player’s payoff if they perceive their behavior as kind. Our model yields two possible constellations: Only trustees with high reciprocity participate, or all types except those with intermediate reciprocity participate. Our data lend strong support for the second pattern, as we observe a U-shaped relation between the trustees’ participation rate and the amount they return. Trustors are hence left with an extreme pool of participants where they are either matched with particularly selfish or generous trustees. 2023-04-11T02:23:19Z 2023-04-11T02:23:19Z 2023 Book https://link.springer.com/article/10.1007/s00199-023-01491-3 https://dlib.phenikaa-uni.edu.vn/handle/PNK/7742 en application/pdf Springer
institution Digital Phenikaa
collection Digital Phenikaa
language English
topic trustees in trust games
Trustors
spellingShingle trustees in trust games
Trustors
Eberhard, Feess
Florian, Kerzenmacher
Sorting of trustees: the good and the bad stay in the game
description CC BY
format Book
author Eberhard, Feess
Florian, Kerzenmacher
author_facet Eberhard, Feess
Florian, Kerzenmacher
author_sort Eberhard, Feess
title Sorting of trustees: the good and the bad stay in the game
title_short Sorting of trustees: the good and the bad stay in the game
title_full Sorting of trustees: the good and the bad stay in the game
title_fullStr Sorting of trustees: the good and the bad stay in the game
title_full_unstemmed Sorting of trustees: the good and the bad stay in the game
title_sort sorting of trustees: the good and the bad stay in the game
publisher Springer
publishDate 2023
url https://link.springer.com/article/10.1007/s00199-023-01491-3
https://dlib.phenikaa-uni.edu.vn/handle/PNK/7742
_version_ 1762909082345275392
score 8.881002

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