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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| Main Authors: | , |
|---|---|
| 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 |
| Author Notes: | Arjun Sengupta, Christoph Vanberg |
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