IDEAS home Printed from https://ideas.repec.org/a/wly/soecon/v84y2018i4p992-1000.html
   My bibliography  Save this article

Measuring trust: A reinvestigation

Author

Listed:
  • Billur Aksoy
  • Haley Harwell
  • Ada Kovaliukaite
  • Catherine Eckel

Abstract

We reinvestigate the question first posed by Glaeser et al. (2000): Do survey measures about trust predict actual trusting behavior? This important study established that the behavior in an incentivized trust game is not correlated with the responses to the most widely used survey measures of trust. We conduct a replication and a reinvestigation of GLSS. In the replication, we use the GLSS protocol and we reproduce their results. In the reinvestigation, we introduce one major change: We replace their variation of the standard Berg, Dickhaut, and McCabe (1995) investment game with the original unmodified game. The standard game endows both players, while the modified version endows only the first mover. After endowing both movers in the reinvestigation experiment, we find a significant correlation between the two measures, suggesting that trust is a single construct, whether measured by the survey questions or by an incentivized trust game.

Suggested Citation

  • Billur Aksoy & Haley Harwell & Ada Kovaliukaite & Catherine Eckel, 2018. "Measuring trust: A reinvestigation," Southern Economic Journal, John Wiley & Sons, vol. 84(4), pages 992-1000, April.
    • Handle: RePEc:wly:soecon:v:84:y:2018:i:4:p:992-1000
    DOI: 10.1002/soej.12259
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/soej.12259
    Download Restriction: no
    File URL: https://libkey.io/10.1002/soej.12259?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Ben Greiner, 2015. "Subject pool recruitment procedures: organizing experiments with ORSEE," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 1(1), pages 114-125, July.
    2. Lazzarini, S. G. & Madalozzo, R. C & Artes, R. & Siqueira, J. O., 2004. "Measuring trust: An experiment in Brazil," Insper Working Papers wpe_42, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    3. Johansson-Stenman, Olof & Mahmud, Minhaj & Martinsson, Peter, 2013. "Trust, trust games and stated trust: Evidence from rural Bangladesh," Journal of Economic Behavior & Organization, Elsevier, vol. 95(C), pages 286-298.
    4. Ciriolo, Emanuele, 2007. "Inequity aversion and trustees' reciprocity in the trust game," European Journal of Political Economy, Elsevier, vol. 23(4), pages 1007-1024, December.
    5. Ernst Fehr & Urs Fischbacher & Bernhard von Rosenbladt & J�rgen Schupp & Gert G. Wagner, "undated". "A Nation-Wide Laboratory: Examining trust and trustworthiness by integrating behavioral experiments into representative surveys," IEW - Working Papers 141, Institute for Empirical Research in Economics - University of Zurich.
    6. Johnson, Noel D. & Mislin, Alexandra A., 2011. "Trust games: A meta-analysis," Journal of Economic Psychology, Elsevier, vol. 32(5), pages 865-889.
    7. Edward L. Glaeser & David I. Laibson & José A. Scheinkman & Christine L. Soutter, 2000. "Measuring Trust," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 115(3), pages 811-846.
      • Glaeser, Edward Ludwig & Laibson, David I. & Scheinkman, Jose A. & Soutter, Christine L., 2000. "Measuring Trust," Scholarly Articles 4481497, Harvard University Department of Economics.
    8. Emanuele Ciriolo, 2007. "Inequity aversion and trustees' reciprocity in the trust game," ULB Institutional Repository 2013/176651, ULB -- Universite Libre de Bruxelles.
    9. Xiao, Erte & Bicchieri, Cristina, 2010. "When equality trumps reciprocity," Journal of Economic Psychology, Elsevier, vol. 31(3), pages 456-470, June.
    10. Greiner, Ben, 2004. "An Online Recruitment System for Economic Experiments," MPRA Paper 13513, University Library of Munich, Germany.
    11. Johnson, Noel D. & Mislin, Alexandra, 2012. "How much should we trust the World Values Survey trust question?," Economics Letters, Elsevier, vol. 116(2), pages 210-212.
    12. Berg Joyce & Dickhaut John & McCabe Kevin, 1995. "Trust, Reciprocity, and Social History," Games and Economic Behavior, Elsevier, vol. 10(1), pages 122-142, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Blumkin, Tomer & Pinhas, Haim & Zultan, Ro’i, 2020. "Wage Subsidies and Fair Wages," European Economic Review, Elsevier, vol. 127(C).
    2. Héloise Cloléry & Guillaume Hollard & Fabien Perez & Inès Picard, 2022. "Should we trust measures of trust?," Working Papers 2022-13, Center for Research in Economics and Statistics.
    3. Natalia Candelo & Angela C. M. Oliveira & Catherine Eckel, 2023. "Trust among the poor: African Americans trust their neighbors, but are less trusting of public officials," Public Choice, Springer, vol. 196(3), pages 427-452, September.
    4. Diego Marino Fages, 2023. "Migration and trust: Evidence on assimilation from internal migrants," Discussion Papers 2023-08, Nottingham Interdisciplinary Centre for Economic and Political Research (NICEP).
    5. Weber, Martin & Germann, Maximilian & Loos, Benjamin, 2018. "Trust and Delegated Investing: A Money Doctors Experiment," CEPR Discussion Papers 12984, C.E.P.R. Discussion Papers.
    6. Galdikiene, Laura & Jaraite, Jurate & Kajackaite, Agne, 2022. "Trust and vaccination intentions: Evidence from Lithuania during the COVID-19 pandemic," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 17(11), pages 1-1.
    7. Sabina Albrecht & David Smerdon, 2022. "The social capital effects of refugee resettlement on host communities," The Economic Record, The Economic Society of Australia, vol. 98(320), pages 80-112, March.
    8. Nestor Gandelman & Diego Lamé, 2021. "Trust towards migrants," Documentos de Investigación 128, Universidad ORT Uruguay. Facultad de Administración y Ciencias Sociales.
    9. Hernán Bejarano & Joris Gillet & Ismael Rodriguez‐Lara, 2018. "Do Negative Random Shocks Affect Trust and Trustworthiness?," Southern Economic Journal, John Wiley & Sons, vol. 85(2), pages 563-579, October.
    10. Bejarano, Hernán & Gillet, Joris & Rodriguez-Lara, Ismael, 2021. "Trust and trustworthiness after negative random shocks," Journal of Economic Psychology, Elsevier, vol. 86(C).
    11. Hernan Bejarano & Joris Gillet & Ismael Rodriguez-Lara, 2020. "Trust and Trustworthiness After Negative Random Shocks," Working Papers 20-25, Chapman University, Economic Science Institute.
    12. Chaudhuri, Ananish & Li, Yaxiong & Paichayontvijit, Tirnud, 2016. "What’s in a frame? Goal framing, trust and reciprocity," Journal of Economic Psychology, Elsevier, vol. 57(C), pages 117-135.
    13. Ninghua Du & Shan Gui & Daniel Houser, 2024. "Trust, lies, and inequality," American Journal of Economics and Sociology, Wiley Blackwell, vol. 83(1), pages 249-262, January.
    14. Sofianos, Andis, 2022. "Self-reported & revealed trust: Experimental evidence," Journal of Economic Psychology, Elsevier, vol. 88(C).
    15. J Jobu Babin, 2020. "Linguistic signaling, emojis, and skin tone in trust games," PLOS ONE, Public Library of Science, vol. 15(6), pages 1-14, June.
    16. Amalia Rodrigo-González & María Caballer-Tarazona & Aurora García-Gallego, 2019. "Active Learning on Trust and Reciprocity for Undergraduates," Sustainability, MDPI, vol. 11(16), pages 1-22, August.
    17. Póvoa, Angela Cristiane Santos & Pech, Wesley & Woiciekovski, Edinéia, 2020. "Trust and social preferences: A cross-cultural experiment," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 86(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Calabuig, Vicente & Fatas, Enrique & Olcina, Gonzalo & Rodriguez-Lara, Ismael, 2016. "Carry a big stick, or no stick at all," Journal of Economic Psychology, Elsevier, vol. 57(C), pages 153-171.
    2. Kocher, Martin G. & Martinsson, Peter & Matzat, Dominik & Wollbrant, Conny, 2015. "The role of beliefs, trust, and risk in contributions to a public good," Journal of Economic Psychology, Elsevier, vol. 51(C), pages 236-244.
    3. Farina, Francesco & O'Higgins, Niall & Sbriglia, Patrizia, 2009. "Suit the action to the word, the word to the action: Eliciting motives for trust and reciprocity by attitudinal and behavioural measures," Research in Economics, Elsevier, vol. 63(4), pages 253-265, December.
    4. Rodriguez-lara, Ismael, 2015. "Equal distribution or equal payoffs? Reciprocity and inequality aversion in the investment game," MPRA Paper 63313, University Library of Munich, Germany.
    5. Farina, Francesco & O'Higgins, Niall & Sbriglia, Patrizia, 2008. "Eliciting Motives for Trust and Reciprocity by Attitudinal and Behavioural Measures," IZA Discussion Papers 3584, Institute of Labor Economics (IZA).
    6. Ismael Rodriguez-Lara, 2018. "No evidence of inequality aversion in the investment game," PLOS ONE, Public Library of Science, vol. 13(10), pages 1-16, October.
    7. Bejarano, Hernán & Gillet, Joris & Rodriguez-Lara, Ismael, 2021. "Trust and trustworthiness after negative random shocks," Journal of Economic Psychology, Elsevier, vol. 86(C).
    8. Kant, Shashi & Vertinsky, Ilan, 2022. "The anatomy of social capital of a Canadian indigenous community: Implications of social trust field experiments for community-based forest management," Forest Policy and Economics, Elsevier, vol. 144(C).
    9. Bejarano, Hernan & Gillet, Joris & Lara, Ismael Rodríguez, 2021. "When the rich do (not) trust the (newly) rich: Experimental evidence on the effects of positive random shocks in the trust game," OSF Preprints wmejt, Center for Open Science.
    10. Hernán Bejarano & Joris Gillet & Ismael Rodriguez‐Lara, 2018. "Do Negative Random Shocks Affect Trust and Trustworthiness?," Southern Economic Journal, John Wiley & Sons, vol. 85(2), pages 563-579, October.
    11. Naef, Michael & Schupp, Jürgen, 2009. "Measuring Trust: Experiments and Surveys in Contrast and Combination," IZA Discussion Papers 4087, Institute of Labor Economics (IZA).
    12. Matteo M. Galizzi & Daniel Navarro-Martinez, 2019. "On the External Validity of Social Preference Games: A Systematic Lab-Field Study," Management Science, INFORMS, vol. 65(3), pages 976-1002, March.
    13. Lisa Anderson & Jennifer Mellor & Jeffrey Milyo, 2006. "Induced heterogeneity in trust experiments," Experimental Economics, Springer;Economic Science Association, vol. 9(3), pages 223-235, September.
    14. Martin G. Kocher, 2015. "How Trust in Social Dilemmas Evolves with Age," CESifo Working Paper Series 5447, CESifo.
    15. Juan Camilo Cardenas & Jeffrey P. Carpenter, 2005. "Experiments and Economic Development: Lessons from Field Labs in the Developing World," Middlebury College Working Paper Series 0505, Middlebury College, Department of Economics.
    16. Tamás Kovács & Marc Willinger, 2010. "Is there a relation between trust and trustworthiness?," Working Papers 10-03, LAMETA, Universtiy of Montpellier, revised Mar 2010.
    17. Banerjee, Ritwik, 2018. "On the interpretation of World Values Survey trust question - Global expectations vs. local beliefs," European Journal of Political Economy, Elsevier, vol. 55(C), pages 491-510.
    18. Hernan Bejarano & Joris Gillet & Ismael Rodriguez-Lara, 2020. "Trust and Trustworthiness After Negative Random Shocks," Working Papers 20-25, Chapman University, Economic Science Institute.
    19. Bonein, Aurélie & Serra, Daniel, 2009. "Gender pairing bias in trustworthiness," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(5), pages 779-789, October.
    20. Chen Li & Uyanga Turmunkh & Peter P. Wakker, 2019. "Trust as a decision under ambiguity," Experimental Economics, Springer;Economic Science Association, vol. 22(1), pages 51-75, March.

    More about this item

    JEL classification:

    • C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:soecon:v:84:y:2018:i:4:p:992-1000. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1002/(ISSN)2325-8012 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.