Abstract
AbstractBuilding on a partner-switching mechanism, we experimentally test two theories that posit different reasons why promises breed trust and cooperation. The expectation-based explanation (EBE) operates via belief-dependent guilt aversion, while the commitment-based explanation (CBE) suggests that promises offer commitment power via a (belief-independent) preference to keep one’s word. Previous research performed a similar test, which we argue should be interpreted as concerning informal agreements rather than (unilateral) promises.
Funder
Università degli Studi di Roma La Sapienza
Publisher
Springer Science and Business Media LLC
Reference26 articles.
1. Battigalli, P., & Dufwenberg, M. (2007). Guilt in games. American Economic Review, 7, 170–176.
2. Battigalli, P., & Dufwenberg, M. (2009). Dynamic psychological games. Journal of Economic Theory, 144, 1–35.
3. Battigalli, P., & Dufwenberg, M. (2022). Belief-dependent motivations and psychological game theory. Journal of Economic Literature, 60, 882–883.
4. Brandts, J., Cooper, D. J., & Rott, C. (2019). Communication in laboratory experiments. In A. Schram & A. Ule (Eds.), Handbook of research methods and applications in experimental economics (21st ed., pp. 401–418). Elgar Publishing.
5. Cartwright, E. (2019). A survey of belief-based guilt aversion in trust and dictator games. Journal of Economic Behavior and Organization, 167, 430–444.
Cited by
1 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献