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Trust, risk and time preferences: evidence from survey data

Author

Listed:
  • Giuseppe Albanese

    (Bank of Italy)

  • Guido de Blasio

    (Bank of Italy)

  • Paolo Sestito

    (Bank of Italy)

Abstract

The paper shows that time preferences and risk preferences are key covariates of self-reported trust. They both predict negatively a measure of generalized trust; however, risk aversion is positively correlated with an index of particularized trusting behaviour (which refers to the circle of known people).

Suggested Citation

  • Giuseppe Albanese & Guido de Blasio & Paolo Sestito, 2017. "Trust, risk and time preferences: evidence from survey data," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 64(4), pages 367-388, December.
    • Handle: RePEc:spr:inrvec:v:64:y:2017:i:4:d:10.1007_s12232-017-0282-7
    DOI: 10.1007/s12232-017-0282-7
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    More about this item

    Keywords

    Trust; Preferences; Survey data;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • Z1 - Other Special Topics - - Cultural Economics

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