Essec\Faculty\Model\Contribution {#2233
#_index: "academ_contributions"
#_id: "2775"
#_source: array:26 [
"id" => "2775"
"slug" => "trust-and-financial-trades-lessons-from-an-investment-game-where-reciprocators-can-hide-behind-probabilities"
"yearMonth" => "2012-01"
"year" => "2012"
"title" => "Trust and Financial Trades: Lessons from an Investment Game Where Reciprocators Can Hide Behind Probabilities"
"description" => "VRANCEANU, R., SUTAN, A. et DUBART, D. (2012). Trust and Financial Trades: Lessons from an Investment Game Where Reciprocators Can Hide Behind Probabilities. <i>Journal of Socio-Economics</i>, 41(1), pp. 72-78."
"authors" => array:3 [
0 => array:3 [
"name" => "VRANCEANU Radu"
"bid" => "B00000524"
"slug" => "vranceanu-radu"
]
1 => array:1 [
"name" => "SUTAN A."
]
2 => array:1 [
"name" => "DUBART Delphine"
]
]
"ouvrage" => ""
"keywords" => array:4 [
0 => "Confiance"
1 => "Economie expérimentale"
2 => "Investissement"
3 => "Risque"
]
"updatedAt" => "2021-02-02 16:16:18"
"publicationUrl" => "https://doi.org/10.1016/j.socec.2011.10.011"
"publicationInfo" => array:3 [
"pages" => "72-78"
"volume" => "41"
"number" => "1"
]
"type" => array:2 [
"fr" => "Articles"
"en" => "Journal articles"
]
"support_type" => array:2 [
"fr" => "Revue scientifique"
"en" => "Scientific journal"
]
"countries" => array:2 [
"fr" => null
"en" => null
]
"abstract" => array:2 [
"fr" => "Lorsqu'on introduit dans un jeu de la confiance une probabilité exogène de terminer la relation entre investisseur et receveur, les derniers vont adopter plus fréquemment la stratégie égoïste. Cette observation présente des implications pour évaluer la construction d'une relation de confiance dans les échanges de produits financiers."
"en" => "This paper shows that if a very small, exogenously given probability of terminating the exchange is introduced in an elementary investment game, more reciprocators will choose the defection strategy. Everything happens as if they "hide behind probabilities" in order to break the trust relationship. Investors do not alter their behavior in a significant way, at least not for a very small external risk. Financial assets all come with a predetermined and contractual probability that by the time when the buyer has to receive the reward for his investment, "bad luck" might have brought the asset value down to zero. In the light of the experimental findings, such trades would not provide a favorable environment for building trust."
]
"authors_fields" => array:2 [
"fr" => "Systèmes d’Information, Sciences de la Décision et Statistiques"
"en" => "Information Systems, Decision Sciences and Statistics"
]
"indexedAt" => "2024-11-21T10:21:50.000Z"
"docTitle" => "Trust and Financial Trades: Lessons from an Investment Game Where Reciprocators Can Hide Behind Probabilities"
"docSurtitle" => "Articles"
"authorNames" => "<a href="/cv/vranceanu-radu">VRANCEANU Radu</a>, SUTAN A., DUBART Delphine"
"docDescription" => "<span class="document-property-authors">VRANCEANU Radu, SUTAN A., DUBART Delphine</span><br><span class="document-property-authors_fields">Systèmes d’Information, Sciences de la Décision et Statistiques</span> | <span class="document-property-year">2012</span>"
"keywordList" => "<a href="#">Confiance</a>, <a href="#">Economie expérimentale</a>, <a href="#">Investissement</a>, <a href="#">Risque</a>"
"docPreview" => "<b>Trust and Financial Trades: Lessons from an Investment Game Where Reciprocators Can Hide Behind Probabilities</b><br><span>2012-01 | Articles </span>"
"docType" => "research"
"publicationLink" => "<a href="https://doi.org/10.1016/j.socec.2011.10.011" target="_blank">Trust and Financial Trades: Lessons from an Investment Game Where Reciprocators Can Hide Behind Probabilities</a>"
]
+lang: "fr"
+"_type": "_doc"
+"_score": 7.765646
+"parent": null
}
