Advanced Search
MyIDEAS: Login

Confiance, réciprocité et cheap talk

Contents:

Author Info

  • Bernard Ruffieux
  • Claude Meidinger
  • Stéphane Robin

Abstract

[fre] Confiance, réciprocité et cheap talk. . La microéconomie standard donne une vision particulière des relations de confiance : elles ne peuvent exister sans mécanisme incitatif. Dans un cadre expérimental où aucun support incitatif de la théorie standard n'est présent et où la confiance permet un gain mutuel, le jeu dynamique de l'investissement montre que certains individus sont disposés à faire confiance et que d'autres sont incités à la réciprocité en présence de manifestations de confiance. Un modèle de jeu statique, reposant sur un concept d'équilibre de bienveillance réciproque, révèle une situa­tion d'information incomplète et éclaire les comportements des joueurs. Une seconde expérience introduit une communication cheap talk. Les résultats confirment l'existence d'informations incomplètes et révèlent les difficultés que rencontrent les joueurs à se coordonner sur des issues Pareto-optimales. [eng] Trust, reciprocity, and cheap talk. . Standard microeconomics implies a particular view of trust between agents: it can only exist under incentive mechanisms. In the experiment reported in this paper, the Dynamic Investment Game, in which such standard incentive mechanisms are not present but in which trust can lead to mutual gains, we find that certain individuals exhibit trust and thereby induce others to reciprocate. A static game theoretic model with incomplete information which contains a concept of fairness equilibrium more accurately describes behaviour in the experiment than the standard model. We further study behavior in this game with a second series of experiments in which cheap talk is permitted. Our results confirm the existence of incomplete information and reveal certain difficulties in coordinating on Pareto-optimal equilibria.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.persee.fr/web/revues/home/prescript/article/reco_0035-2764_1999_num_50_1_410061
Download Restriction: Data and metadata provided by Persée are licensed under a Creative Commons "Attribution-Noncommercial-Share Alike 3.0" License http://creativecommons.org/licenses/by-nc-sa/3.0/

File URL: http://www.persee.fr/articleAsPDF/reco_0035-2764_1999_num_50_1_410061/reco_0035-2764_1999_num_50_1_410061.pdf?mode=light
Download Restriction: Data and metadata provided by Persée are licensed under a Creative Commons "Attribution-Noncommercial-Share Alike 3.0" License http://creativecommons.org/licenses/by-nc-sa/3.0/

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Programme National Persée in its journal Revue économique.

Volume (Year): 50 (1999)
Issue (Month): 1 ()
Pages: 5-44

as in new window
Handle: RePEc:prs:reveco:reco_0035-2764_1999_num_50_1_410061

Note: DOI:10.2307/3502739
Contact details of provider:
Web page: http://www.persee.fr/web/revues/home/prescript/revue/reco

Related research

Keywords:

Other versions of this item:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Claudia Keser, 2002. "Trust and Reputation Building in E-Commerce," CIRANO Working Papers 2002s-75, CIRANO.
  2. Willinger, Marc & Keser, Claudia & Lohmann, Christopher & Usunier, Jean-Claude, 2003. "A comparison of trust and reciprocity between France and Germany: Experimental investigation based on the investment game," Journal of Economic Psychology, Elsevier, vol. 24(4), pages 447-466, August.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:prs:reveco:reco_0035-2764_1999_num_50_1_410061. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.