This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Betrayal Aversion: Evidence from Brazil, China, Oman, Switzerland, Turkey, and the United States Author info | Abstract | Publisher info | Download info | Related research | Statistics Iris Bohnet
Fiona Greig
Benedikt Herrmann
Richard Zeckhauser
Additional information is available for the following
registered author(s):
Due to betrayal aversion, people take risks less willingly when the agent of uncertainty is another person rather than nature. Individuals in six countries (Brazil, China, Oman, Switzerland, Turkey, and the United States) confronted a binary-choice trust game or a risky decision offering the same payoffs and probabilities. Risk acceptance was calibrated by asking individuals their "minimum acceptable probability" (MAP) for securing the high payoff that would make them willing to accept the risky rather than the sure payoff. People's MAPs are generally higher when another person, rather than nature, determines the outcome. This indicates betrayal aversion. (JEL C72, D81, Z13)
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Article provided by American Economic Association in its journal American Economic Review .
Volume (Year): 98 (2008)
Issue (Month): 1 (March)
Pages: 294-310
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Handle: RePEc:aea:aecrev:v:98:y:2008:i:1:p:294-310Contact details of provider: Email: Web page: http://www.aeaweb.org/aer/ More information through EDIRC
Order Information: Web: http://www.aeaweb.org/subscribe.html
For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).
Keywords: Other versions of this item:
Paper Iris Bohnet & Fiona Greig & Benedikt Herrmann & Richard Zeckhauser, 2007.
"Betrayal Aversion: Evidence from Brazil, China, Oman, Switzerland, Turkey, and the United States ,"
Discussion Papers
2007-08, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
[Downloadable!] References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: McCabe, Kevin A. & Rigdon, Mary L. & Smith, Vernon L., 2003.
"Positive reciprocity and intentions in trust games ,"
Journal of Economic Behavior & Organization ,
Elsevier, vol. 52(2), pages 267-275, October.
[Downloadable!] (restricted)
Dufwenberg, Martin & Kirchsteiger, Georg, 2004.
"A theory of sequential reciprocity ,"
Games and Economic Behavior ,
Elsevier, vol. 47(2), pages 268-298, May.
[Downloadable!] (restricted)
Other versions: Lazzarini, S. G. & Madalozzo, R. C & Artes, R. & Siqueira, J. O., 2004.
"Measuring trust: An experiment in Brazil ,"
Ibmec Working Papers
wpe_40, Ibmec Working Paper, Ibmec São Paulo.
[Downloadable!]
Ernst Fehr & Urs Fischbacher & University of Zurich, 2005.
"Neuroeconomic Foundations of Trust and Social Preferences ,"
IZA Discussion Papers
1641, Institute for the Study of Labor (IZA).
[Downloadable!]
Other versions: Blount, Sally, 1995.
"When Social Outcomes Aren't Fair: The Effect of Causal Attributions on Preferences ,"
Organizational Behavior and Human Decision Processes ,
Elsevier, vol. 63(2), pages 131-144, August.
[Downloadable!] (restricted)
Bruno Frey & Matthias Benz & Alois Stutzer, 2004.
"Introducing Procedural Utility: Not Only What, but Also How Matters ,"
Journal of Institutional and Theoretical Economics (JITE) ,
Mohr Siebeck, Tübingen, vol. 160(3), pages 377-, September.
[Downloadable!] (restricted)
Other versions: Gary Charness & Matthew Rabin, 2002.
"Understanding Social Preferences with Simple Tests ,"
Department of Economics, Working Paper Series
1042, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
[Downloadable!]
Other versions:
Gary Charness & Matthew Rabin, 2001.
"Understanding Social Preferences With Simple Tests ,"
University of California at Santa Barbara, Economics Working Paper Series
21-01, Department of Economics, UC Santa Barbara.
[Downloadable!] Gary Charness & Matthew Rabin, 2003.
"Understanding Social Preferences with Simple Tests ,"
General Economics and Teaching
0303002, EconWPA.
[Downloadable!] Gary Charness & Matthew Rabin, 2002.
"Understanding Social Preferences With Simple Tests ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 117(3), pages 817-869, August.
[Downloadable!] (restricted) Camerer, Colin & Weigelt, Keith, 1988.
"Experimental Tests of a Sequential Equilibrium Reputation Model ,"
Econometrica ,
Econometric Society, vol. 56(1), pages 1-36, January.
[Downloadable!] (restricted)
Ernst Fehr & Klaus M. Schmidt, 1999.
"A Theory Of Fairness, Competition, And Cooperation ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 114(3), pages 817-868, August.
[Downloadable!] (restricted)
Other versions:
Ernst Fehr & Klaus M. Schmidt, .
"A Theory of Fairness, Competition and Cooperation ,"
IEW - Working Papers
iewwp004, Institute for Empirical Research in Economics - IEW.
[Downloadable!] Fehr, Ernst & Schmidt, Klaus M., 1998.
"A Theory of Fairness, Competition and Cooperation ,"
CEPR Discussion Papers
1812, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Knack, Stephen & Keefer, Philip, 1997.
"Does Social Capital Have an Economic Payoff? A Cross-Country Investigation ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 112(4), pages 1251-88, November.
La Porta, Rafael, et al, 1997.
"Trust in Large Organizations ,"
American Economic Review ,
American Economic Association, vol. 87(2), pages 333-38, May.
[Downloadable!] (restricted)
Other versions: Bohnet, Iris & Zeckhauser, Richard, 2004.
"Trust, risk and betrayal ,"
Journal of Economic Behavior & Organization ,
Elsevier, vol. 55(4), pages 467-484, December.
[Downloadable!] (restricted)
Other versions: Falk, Armin & Fischbacher, Urs, 2006.
"A theory of reciprocity ,"
Games and Economic Behavior ,
Elsevier, vol. 54(2), pages 293-315, February.
[Downloadable!] (restricted)
Other versions:
Armin Falk & Urs Fischbacher, .
"A Theory of Reciprocity ,"
IEW - Working Papers
iewwp006, Institute for Empirical Research in Economics - IEW.
[Downloadable!] Armin Falk & Urs Fischbacher, 2001.
"A Theory of Reciprocity ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
[Downloadable!] Falk, Armin & Fischbacher, Urs, 2001.
"A Theory of Reciprocity ,"
CEPR Discussion Papers
3014, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Hong, Kessely & Bohnet, Iris, 2007.
"Status and distrust: The relevance of inequality and betrayal aversion ,"
Journal of Economic Psychology ,
Elsevier, vol. 28(2), pages 197-213, April.
[Downloadable!] (restricted)
Edward L. Glaeser & David I. Laibson & José A. Scheinkman & Christine L. Soutter, 2000.
"Measuring Trust ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 115(3), pages 811-846, August.
[Downloadable!] (restricted)
Gary E. Bolton & Axel Ockenfels, 2000.
"ERC: A Theory of Equity, Reciprocity, and Competition ,"
American Economic Review ,
American Economic Association, vol. 90(1), pages 166-193, March.
[Downloadable!] (restricted)
Rabin, Matthew, 1993.
"Incorporating Fairness into Game Theory and Economics ,"
American Economic Review ,
American Economic Association, vol. 83(5), pages 1281-1302, December.
[Downloadable!] (restricted)
Berg Joyce & Dickhaut John & McCabe Kevin, 1995.
"Trust, Reciprocity, and Social History ,"
Games and Economic Behavior ,
Elsevier, vol. 10(1), pages 122-142, July.
[Downloadable!] (restricted)
Koehler, Jonathan J. & Gershoff, Andrew D., 2003.
"Betrayal aversion: When agents of protection become agents of harm ,"
Organizational Behavior and Human Decision Processes ,
Elsevier, vol. 90(2), pages 244-261, March.
[Downloadable!] (restricted)
Nava Ashraf & Iris Bohnet & Nikita Piankov, 2006.
"Decomposing trust and trustworthiness ,"
Experimental Economics ,
Springer, vol. 9(3), pages 193-208, September.
[Downloadable!] (restricted)
James Andreoni & John Miller, 2002.
"Giving According to GARP: An Experimental Test of the Consistency of Preferences for Altruism ,"
Econometrica ,
Econometric Society, vol. 70(2), pages 737-753, March.
[Downloadable!] (restricted)
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Gary E Bolton & Axel Ockenfels, 2008.
"Risk Taking and Social Comparison - A Comment on “Betrayal Aversion: Evidence from Brazil, China, Oman, Switzerland, Turkey, and the United States” ,"
Working Paper Series in Economics
40, University of Cologne, Department of Economics.
[Downloadable!]
Fehr, Ernst, 2008.
"On the Economics and Biology of Trust ,"
IZA Discussion Papers
3895, Institute for the Study of Labor (IZA).
[Downloadable!]
Other versions:
Ernst Fehr, 2009.
"On the economics and biology of trust ,"
IEW - Working Papers
iewwp399, Institute for Empirical Research in Economics - IEW.
[Downloadable!] Ernst Fehr, 2008.
"On the Economics and Biology of Trust ,"
SOEPpapers
154, DIW Berlin, The German Socio-Economic Panel (SOEP).
[Downloadable!] Ernst Fehr, 2009.
"On The Economics and Biology of Trust ,"
Journal of the European Economic Association ,
MIT Press, vol. 7(2-3), pages 235-266, 04-05.
[Downloadable!] (restricted) repec:ese:iserwp: is not listed on IDEAS
Access and
download statistics Did you know? You can use IDEAS to provide links to papers and articles in your course syllabus.
This page was last updated on 2009-12-13.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .