Essay
In the context of the Berg, Dickhaut and McCabe "trust" game and its findings, what does it mean to say that on average "trust does not pay"? What is one potential intervention that seems to make people more trusting and reciprocal in this game? Why did Berg et al. provide both the first move and the second mover with the same initial endowment?
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Correct Answer:
Answered by ExamLex AI
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