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Full-Text Articles in Social and Behavioral Sciences
Do Negative Random Shocks Affect Trust And Trustworthiness?, Hernán Bejerano, Joris Gillet, Ismael Rodriguez-Lara
Do Negative Random Shocks Affect Trust And Trustworthiness?, Hernán Bejerano, Joris Gillet, Ismael Rodriguez-Lara
ESI Publications
We report data from a variation of the trust game aimed at determining whether (and how) inequality and random shocks that affect wealth influence the levels of trust and trustworthiness. To tease apart the effect of the shock and the inequality, we compare behavior in a trust game where the inequality is initially given and one where it is the result of a random shock that reduces the second mover's endowment. We find that first‐movers send less to second‐movers but only when the inequality results from a random shock. As for the amount returned, second‐movers return less when they are …
Do Negative Random Shocks Affect Trust And Trustworthiness?, Hernán Bejerano, Joris Gillet, Ismael Rodriguez-Lara
Do Negative Random Shocks Affect Trust And Trustworthiness?, Hernán Bejerano, Joris Gillet, Ismael Rodriguez-Lara
ESI Publications
We report data from a variation of the trust game aimed at determining whether (and how) inequality and random shocks that affect wealth influence the levels of trust and trustworthiness. To tease apart the effect of the shock and the inequality, we compare behavior in a trust game where the inequality is initially given and one where it is the result of a random shock that reduces the second mover's endowment. We find that first‐movers send less to second‐movers but only when the inequality results from a random shock. As for the amount returned, second‐movers return less when they are …
Sacrifice, Benefit, And Reciprocity: Evidence From A Trust Game, Mirco Dinelli
Sacrifice, Benefit, And Reciprocity: Evidence From A Trust Game, Mirco Dinelli
Honors Theses
Social preferences have generated much interest in recent economic literature. While reciprocity has been closely examined by several economists using gift exchange and other games, much of their focus is on the effect of intentions and motivations. Instead, I focus on two strictly outcome-based factors in the context of a trust game: sacrifice made by the giver and benefit received by the recipient. I attempt to isolate these influences by varying the multiplier across variations of the trust game to create comparison groups that differ in one of these factors, but not both. Unable to control for all expected sources …