Trustees’ and Investors’ Behavior in the First Two Rounds of a Trust Game: Overview and a (Partial) Explanation Based on Cooperative Game Theory
*Human Neuroimaging Lab, Division of Neuroscience, Baylor College of Medicine, Houston, TX 77030, USA
**W. M. Keck Center for Interdisciplinary Bioscience Training, Houston, TX 77030, USA
-  J. Berg, J. Dickhaut, and K. McCabe, “Trust, Reciprocity, and Social History,” Games and Economic Behavior, Vol.10, pp. 122-142, 1995.
-  C. Camerer, “Behavioral Game Theory: Experiments in Strategic Interaction,” Princeton University Press, Princeton, New Jersey, 2003.
-  P. Chiu et al., “Self Responses along Cingulate Cortex Reveal Quantitative Neural Phenotype for High-Functioning Autism,” Neuron, Vol.57, No.3, pp. 463-473, 2008.
-  B. King-Casas, C. Sharp, L. Lomax-Bream, T. Lohrenz, P. Fonagy, and P. Montague, “The Rupture and Repair of Cooperation in Borderline Personality Disorder,” Science, Vol.321, pp. 806-810, 2008.
-  B. King-Casas, D. Tomlin, C. Anen, C. Camerer, S. Quartz, and P. Montague, “Getting to know you: Reputation and trust in a twoperson economic exchange,” Science, Vol.308, pp. 78-83, 2005.
-  M. Koshelev, T. Lohrenz, M. Vannucci, and P. R. Montague, “Biosensor Approach to Psychopathology Classification,” PLoS Computational Biology, Vol.6, No.10, 2010, Publ. e1000966, doi:10.1371/journal.pcbi.1000966.
-  D. Ray, B. King-Casas, P. R. Montague, and P. Dayan, “Bayesian Model of Behaviour in Economic Games,” Proc. of the Advances in Neural Information Processing Systems Conf. NIPS’2008, 2008.
-  D. Tomlin et al., “Agent-Specific Responses in the Cingulate Cortex During Economic Exchanges,” Science, Vol.312, No.5776, pp. 1047-1050, 2006.
-  J. Nash, “The Bargaining Problem,” Econometrica, Vol.18, No.2, pp. 155-162, 1950.
-  R. B. Myerson, “Game theory: analysis of conflict,” Harvard University Press, Cambridge, Massachusetts, 1997.
-  R. D. Luce and H. Raiffa, “Games and decisions: introduction and critical survey,” Dover Publications, New York, 1989.
-  J. von Neumann and O. Morgenstern, “Theory of games and economic behavior,” Princeton University Press, Princeton, New Jersey, 1944.
-  L. S. Shapley, “A value for n-person games,” H. W. Kuhn and A.W. Tucker, (Eds.), Contributions to the Theory of Games, Princeton University Press, Princeton, New Jersey, pp. 307-317, 1953.
-  S. Hart, “Shapley value,” J. Eatwell, M. Milgate, and P. Newman, (Eds.), Game Theory, Macmillan Press, pp. 210-216, 1989.
-  A. E. Roth, (Ed.), “The Shapley value, essays in honor of Lloyd S. Shapley,” Cambridge University Press, Cambridge, 1988.
-  F. Wilcoxon, “Individual comparisons by ranking methods,” Biometrics Bulletin, Vol.1, pp. 80-83, 1945.
-  J. S. Hammond, R. L. Keeney, and H. Raiffa, “Smart choices: a practical guide to making better decisions,” Harvard Business School Press, Boston, Massachusetts, 1989.
-  R. L. Keeny and H. Raiffa, “Decision Making with Multiple Objectives: Preferences and Value Tradeoffs,” Cambridge University Press, Cambridge, Massachusetts, 1993.
-  L. Hurwicz, “Optimality criteria for decision making under ignorance,” Cowles Commission Discussion Paper, Statistics Vol.370, 1951.
-  B. de Finetti, A. Machi, and A. Smith, “Theory of Probability: A Critical Introductory Treatment,” Wiley, New York, 1993.
-  D. Bernoulli, “Exposition of a new theory of the measurement of risk,” Econometrica, Vol.22, No.1, pp. 22-36, 1954.
-  D. Kahneman and A. Tversky, “Prospect Theory: An Analysis of Decision under Risk,” Econometrica, Vol.47, pp. 263-291, 1979.
-  G. Antonides, “Psychology in economics and business: an introduction to economic psychology,” Kluwer Academic, Dordrecht, 1996.
-  J. S. Demski, “Managerial Uses of Accounting Information,” Springer, Berlin-Heidelerg-New York, 1994.
-  S. A. Woodbury and C. Davidson, “Search theory and unemployment,” Springer, Berlin-Heidelerg-New York, 2002.
This article is published under a Creative Commons Attribution-NoDerivatives 4.0 Internationa License.