Universität zu Köln

Harbring, Christine (2010). On the Effect of Incentive Schemes on Trust and Trustworthiness. J. Inst. Theor. Econ.-Z. Gesamte Staatswiss., 166 (4). S. 690 - 715. TUBINGEN: J C B MOHR. ISSN 1614-0559

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Abstract

We experimentally analyze whether being exposed to different incentive schemes induces subjects to change their behavior. In particular, we investigate the effect on trust and trustworthiness measured by conducting an investment game. We implement two simple incentive schemes modeling the basic characteristics of a cooperative incentive environment in which payoffs are based on a group's performance, as well as a competitive environment in which payoffs result from individuals' relative performances. Our results indicate that trust and the expectation of trust are positively affected by being exposed to a team setting compared to a competitive tournament scheme. (JEL: J 33, D 23, M 52, L 23, C 9)

Item Type:	Journal Article
Creators:	Creators Email ORCID ORCID Put Code Harbring, Christine UNSPECIFIED UNSPECIFIED UNSPECIFIED
URN:	urn:nbn:de:hbz:38-491721
DOI:	10.1628/093245610793524938
Journal or Publication Title:	J. Inst. Theor. Econ.-Z. Gesamte Staatswiss.
Volume:	166
Number:	4
Page Range:	S. 690 - 715
Date:	2010
Publisher:	J C B MOHR
Place of Publication:	TUBINGEN
ISSN:	1614-0559
Language:	English
Faculty:	Unspecified
Divisions:	Unspecified
Subjects:	no entry
Uncontrolled Keywords:	Keywords Language PUBLIC-GOODS; VOLUNTARY CONTRIBUTIONS; TOURNAMENTS; COOPERATION; BEHAVIOR Multiple languages Economics Multiple languages
URI:	http://kups.ub.uni-koeln.de/id/eprint/49172