EconPapers    
Economics at your fingertips  
 

The triadic design to identify trust and reciprocity: Extensions and robustness

Giovanni Di Bartolomeo () and Stefano Papa ()

wp.comunite from Department of Communication, University of Teramo

Abstract: Our paper reconsiders the triadic design proposed by Cox (2004) to identify trust and reciprocity in investment games. Specifically, we extend the design in two directions. First, we elicit expectations by a fixed-fee incentive scheme and test the coherence of them with the triadic outcomes. We expect that if trust is reported by the triadic design, investors’ expected gains should be also observed. Second, we collect information about participants’ choices by using both direct-response (as Cox) and strategy method. By the latter we are able to control reciprocity for initial inequality, which is endogenous when reciprocity is investigated. Finally, we test the existence of an emotional bias, i.e. we test if expectations mismatches induce participant to change actual choices from the planned ones.

Keywords: Conditional and unconditional motivations; other-regarding preferences; trust; reciprocity; investment game; expectation; inequality; strategy method (search for similar items in EconPapers)
JEL-codes: D03 C91 D83 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-evo, nep-exp and nep-soc
Date: 2012-11
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://wp.comunite.it/data/wp_no_96_2012.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:ter:wpaper:0096

Access Statistics for this paper

More papers in wp.comunite from Department of Communication, University of Teramo
Series data maintained by Giovanni Di Bartolomeo ().

 
Page updated 2017-08-16
Handle: RePEc:ter:wpaper:0096