Choosing the agent's group identity in a trust game with delegated decision making

被引:0
作者
Zimper, Alexander [1 ]
Nicholls, Nicky [1 ]
机构
[1] Univ Pretoria, Dept Econ, Private Bag X20, ZA-0028 Pretoria, South Africa
关键词
fairness; identity; in-group bias; trust game; FAIRNESS; DISCRIMINATION; RECIPROCITY;
D O I
10.1111/jpet.12405
中图分类号
F [经济];
学科分类号
02 ;
摘要
Members of a given social group often favor members of their own group identity over people with different group identities. We construct a trust game in which the principal delegates the decision about an investment into a receiver to an agent who either favors the principal's or the receiver's group identity. When choosing the agent's group identity the principal faces a trade-off between a loyal agent and an agent who might increase the receiver's willingness to cooperate. We solve for the principal's decision in a subgame-perfect nash equilibrium for the two scenarios of a risk-neutral and risk-averse agent, respectively.
引用
收藏
页码:220 / 244
页数:25
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