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TRUST AND CHEATING
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AI
DOI：10.1111/ecoj.12271.png)
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Abstract
En 中文
When we take a taxi we may feel cheated if the driver takes an unnecessarily long route despite the lack of a contract to take the shortest possible path. Is the behaviour of the driver affected by beliefs about our cheating notions? We address this question in the context of a trust game. We find that both parties to a trust exchange have personal notions of cheating and that these notions have a bimodal distribution. We conceptualise cheating notions as moral expectations, which provide a micro-foundation for guilt. Cheating notions substantially affect decisions on both sides of the trust exchange.
Keywords:
PROMISES
NORMS
GAMES
