Do people lie less in repeated interactions with the same partner than in a series of one-shot interactions with strangers? We find that under asymmetric information, senders lie substantially less if paired with the same receiver than when randomly re-matched with different receivers. However, the lying gap diminishes if the receiver is allowed to offer feedback to the sender.
Bibliographical noteFunding Information:
Acknowledgments: We thank University of Minnesota Department of Work and Organization (United States) for funding.
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- Finitely repeated game