Fairness as a constraint on trust in reciprocity: earned property rights in a reciprocal exchange experiment

Fairness as a constraint on trust in reciprocity: earned property rights in a reciprocal exchange experiment

We investigate the concept of mindreading in a trust–reciprocity experiment. Our results show that the Trustees send back more, the stronger the Trustors’ property rights are. But instead of strategically relying on this reciprocal behavior, Trustors tend to unilaterally implement a fair outcome....

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Veröffentlicht in:Economics letters 2000-03, Vol.66 (3), p.275-282
Hauptverfasser: Fahr, René, Irlenbusch, Bernd
Format: Artikel
Sprache:eng
Schlagworte:
Exchange
Experimental economics
Experiments
Fairness
Justice
Mindreading
Property rights
Real effort
Reciprocity
Trust
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Zusammenfassung:We investigate the concept of mindreading in a trust–reciprocity experiment. Our results show that the Trustees send back more, the stronger the Trustors’ property rights are. But instead of strategically relying on this reciprocal behavior, Trustors tend to unilaterally implement a fair outcome.
ISSN:0165-1765
1873-7374
DOI:10.1016/S0165-1765(99)00236-0