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Are Trust and Reciprocity Related within Individuals?

Author

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  • Kovacs Tamas

    (Department of Methodology and Econometrics, Budapest Business School College of International Management and Business, Diósy L. str. 22-24. D/II.16, Budapest 1165, Hungary)

  • Willinger Marc

    (University of Montpellier, LAMETA, Montpellier, France)

Abstract

We provide new evidence about a positive correlation between the own amount sent and the own amount returned in the investment game. Our analysis relies on the experimental data collected under the strategy method. While the percentage returned is independent of the amount received for most of our subjects, it is strongly correlated to their amount sent as a trustor. Our analysis is based on a two-way classification of subjects: according to their trusting type and according to their reciprocal type. We show the existence of a strong positive relation between trusting types and reciprocal types within subjects.

Suggested Citation

  • Kovacs Tamas & Willinger Marc, 2013. "Are Trust and Reciprocity Related within Individuals?," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 13(1), pages 1-22, June.
    • Handle: RePEc:bpj:bejtec:v:13:y:2013:i:1:p:22:n:2
    DOI: 10.1515/bejte-2012-0009
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    References listed on IDEAS

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    1. Andreoni, James, 1990. "Impure Altruism and Donations to Public Goods: A Theory of Warm-Glow Giving?," Economic Journal, Royal Economic Society, vol. 100(401), pages 464-477, June.
    2. Abigail Barr, 2003. "Trust and expected trustworthiness: experimental evidence from zimbabwean villages," Economic Journal, Royal Economic Society, vol. 113(489), pages 614-630, July.
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    Cited by:

    1. Gulnaz Anjum & Werner Gueth, 2019. "Becoming generous and respecting honor: An experiment based on donation and trust-game with multiple trustees," Business Review, School of Economics and Social Sciences, IBA Karachi, vol. 14(2), pages 47-64, July-Dece.
    2. Arnstein Aassve & Pierluigi Conzo & Francesco Mattioli, 2021. "Was Banfield right? New insights from a nationwide laboratory experiment," Journal of Regional Science, Wiley Blackwell, vol. 61(5), pages 1029-1064, November.

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