Promise keeping and reliance damage
(2022)
Journal Article
Sengupta, A., & Vanberg, C. (2023). Promise keeping and reliance damage. European Economic Review, 152, Article 104344. https://doi.org/10.1016/j.euroecorev.2022.104344
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... Read More about Promise keeping and reliance damage.