Table 1: Overview of results
|
trust rate |
honor rate pe |
rformance rate | |
|
NO |
0.21 |
0.19 |
0.05 |
|
(0.16) |
(0.11) |
(0.05) | |
|
0.31 |
0.59 |
0.19 | |
|
DEGENERATE |
(0.14) |
(0.15) |
(0.12) |
|
0.44 |
0.48 |
0.23 | |
|
PARTIAL |
(0.17) |
(0.16) |
(0.14) |
|
FULL |
0.43 |
0.62 |
0.29 |
|
(0.15) |
(0.23) |
(0.18) | |
|
NO-DEGENERATE* |
p = 0.168 |
adjacent treatment effects, |
p = 0.005 |
|
DEGENERATE-PARTIAL* |
p = 0.064 |
p = 0.168 |
p = 0.344 |
|
PARTIAL-FULL* |
p = 0.468 |
p = 0.100 |
p = 0.235 |
|
NO-FULL* |
p = 0.027 |
further treatment effects p = 0.005 |
p = 0.008 |
|
NO-DEGENERATE- PARTIAL-FULL*__________ |
p = 0.007 |
p = 0.003 |
p = 0.001 |
Standard deviations are given in parentheses. Treatment effects are tested by one-tailed
Mann-Whitney U-tests (*) and Jonckheere-Terpstra tests (#) respectively.
Our design gradually increases the amount of feedback information from treatment to
treatment. As a consequence, several observed treatment differences of neighboring
treatments are sometimes insignificant (see Table 1). However, we observe a continuous
improvement in market performance due to higher network density. The Jonckheere-Terpstra
test shows that there is an ordering for all three key variables (trust rate, honor rate and
performance rate) of the treatments according to the network’s density.3
3 The Jonckheere-Terpstra test is a non-parametric test for ordered differences among classes. The alternative
hypothesis assumes a certain ordering of the medians of k statistically independent samples. All average values -
each of a statistically independent observation from a treatment with the same network density - are assigned to
one class.
More intriguing information
1. Human Rights Violations by the Executive: Complicity of the Judiciary in Cameroon?2. AN ANALYTICAL METHOD TO CALCULATE THE ERGODIC AND DIFFERENCE MATRICES OF THE DISCOUNTED MARKOV DECISION PROCESSES
3. Fighting windmills? EU industrial interests and global climate negotiations
4. The name is absent
5. Three Strikes and You.re Out: Reply to Cooper and Willis
6. SME'S SUPPORT AND REGIONAL POLICY IN EU - THE NORTE-LITORAL PORTUGUESE EXPERIENCE
7. The name is absent
8. HEDONIC PRICES IN THE MALTING BARLEY MARKET
9. Synchronisation and Differentiation: Two Stages of Coordinative Structure
10. Empirically Analyzing the Impacts of U.S. Export Credit Programs on U.S. Agricultural Export Competitiveness