Honesty in the city

Martin Dufwenberg; Paul Feldman; Maroš Servátka; Jorge Tarrasó; Radovan Vadovič

doi:10.1016/j.geb.2023.01.007

Honesty in the city

Martin Dufwenberg, Paul Feldman, Maroš Servátka, Jorge Tarrasó, Radovan Vadovič

Economics

Research output: Contribution to journal › Article › peer-review

Abstract

Lab evidence on trust games involves more cooperation than conventional economic theory predicts. We explore whether this pattern extends to a field setting where we are able to control for (lack of) repeat-play and reputation: the taxi market in Mexico City. We find a remarkably high degree of trustworthiness, even with price-haggling which was predicted to reduce trustworthiness.

Original language	English (US)
Pages (from-to)	15-25
Number of pages	11
Journal	Games and Economic Behavior
Volume	139
DOIs	https://doi.org/10.1016/j.geb.2023.01.007
State	Published - May 2023

Keywords

Field experiment
Haggling
Honesty
Mexico City
Reciprocity
Taxis
Trustworthiness

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/j.geb.2023.01.007

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title = "Honesty in the city",

abstract = "Lab evidence on trust games involves more cooperation than conventional economic theory predicts. We explore whether this pattern extends to a field setting where we are able to control for (lack of) repeat-play and reputation: the taxi market in Mexico City. We find a remarkably high degree of trustworthiness, even with price-haggling which was predicted to reduce trustworthiness.",

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author = "Martin Dufwenberg and Paul Feldman and Maro{\v s} Serv{\'a}tka and Jorge Tarras{\'o} and Radovan Vadovi{\v c}",

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AU - Feldman, Paul

AU - Servátka, Maroš

AU - Tarrasó, Jorge

AU - Vadovič, Radovan

PY - 2023/5

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AB - Lab evidence on trust games involves more cooperation than conventional economic theory predicts. We explore whether this pattern extends to a field setting where we are able to control for (lack of) repeat-play and reputation: the taxi market in Mexico City. We find a remarkably high degree of trustworthiness, even with price-haggling which was predicted to reduce trustworthiness.

KW - Field experiment

KW - Haggling

KW - Honesty

KW - Mexico City

KW - Reciprocity

KW - Taxis

KW - Trustworthiness

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JO - Games and Economic Behavior

JF - Games and Economic Behavior

ER -

Honesty in the city

Abstract

Keywords

ASJC Scopus subject areas

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