| Article ID: | iaor2006771 |
| Country: | Germany |
| Volume: | 10 |
| Issue: | 3 |
| Start Page Number: | 217 |
| End Page Number: | 227 |
| Publication Date: | Oct 2002 |
| Journal: | Central European Journal of Operations Research |
| Authors: | Bolle Friedel |
On first glance, signals for reliability, which cannot be imitated by exploiters, should enhance cooperation and social efficiency. The following investigation, however, shows that this need not always be true. If some cooperators are not able to send these signals, then the introduction of the signalling institution may result in less trust and less social product.