Promise keeping and reliance damage

This paper experimentally investigates the hypothesis that promise-keeping behavior is affected by the “reliance damage” that a counterpart would suffer as a result of a breach. Reliance damage is defined as the difference between the counterfactual benefit that the counterpart would have obtained h...

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Bibliographic Details
Main Authors: Sengupta, Arjun (Author) , Vanberg, Christoph (Author)
Format: Article (Journal)
Language:English
Published: 2023
In: European economic review
Year: 2023, Volume: 152, Pages: 1-12
ISSN:1873-572X
DOI:10.1016/j.euroecorev.2022.104344
Online Access:Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1016/j.euroecorev.2022.104344
Verlag, lizenzpflichtig, Volltext: https://www.sciencedirect.com/science/article/pii/S0014292122002240
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Author Notes:Arjun Sengupta, Christoph Vanberg
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