The value of vulnerability: the transformative capacity of risky trust

In an experimental gift-exchange game, we explore the# transformative capacity of vulnerable trust, which we define as trusting untrustworthy players when their untrustworthiness is common knowledge between co-players. In our experiment, there are two treatments: the “Information” treatment and the...

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Bibliographic Details
Main Authors: Bruni, Luigino, Tufano, Fabio
Format: Article
Published: European Association for Decision Making 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/45441/