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! ]

On representative trust

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Bellemare, C.
Kroger, S. (Tilburg University, Center for Economic Research)

Additional information is available for the following registered author(s):

Abstract

Because of its relation to economic growth, there is a policy interest in measuring social capital and average trust as its currently most important proxy. In this paper we measure societal trust and trustworthiness by combining the virtues of laboratory experiments and survey data and present results from an economic experiment conducted using a representative sample of the Dutch population. By combining both types of data, we are able investigate the determinants of trust and trustworthiness at the population level, to contrast the inferences which can be made on trust propensity using stated and revealed measures, and to test for self-selection bias through voluntary participation in the experiment. Our results can briey be summarized as follows. Contrary to existing laboratory based experiments, we find that stated trust measures correlate with experimental trust. The effect of education and religion is shown to be depend enormously on the trust measure used. We find that the age and education profiles of experimental trust are the complete opposite of those of trustworthiness, which contrast with the findings of the social capital literature. Finally, we do not find evidence of a participation selectivity bias, which is a serious concern for laboratory experiments which rely almost exclusively on volunteer participants.

Download Info
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 file. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://arno.uvt.nl/show.cgi?fid=4464
Our checks indicate that this address may not be valid because: 404 Not Found. If this is indeed the case, please notify (Corry Stuyts)
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 47.

Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Length:
Date of creation: 2003
Date of revision:
Handle: RePEc:dgr:kubcen:200347

Contact details of provider:
Web page: http://center.uvt.nl

For technical questions regarding this item, or to correct its listing, contact: (Corry Stuyts).

Related research
Keywords:

Other versions of this item:

This paper has been announced in the following NEP Reports: 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.:
  1. 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)
  2. Zak, Paul J & Knack, Stephen, 2001. "Trust and Growth," Economic Journal, Royal Economic Society, vol. 111(470), pages 295-321, April. [Downloadable!] (restricted)
  3. Heckman, James J, 1979. "Sample Selection Bias as a Specification Error," Econometrica, Econometric Society, vol. 47(1), pages 153-61, January. [Downloadable!] (restricted)
  4. Arabmazar, Abbas & Schmidt, Peter, 1981. "Further evidence on the robustness of the Tobit estimator to heteroskedasticity," Journal of Econometrics, Elsevier, vol. 17(2), pages 253-258, November. [Downloadable!] (restricted)
  5. Croson, Rachel T. A., 2000. "Thinking like a game theorist: factors affecting the frequency of equilibrium play," Journal of Economic Behavior & Organization, Elsevier, vol. 41(3), pages 299-314, March. [Downloadable!] (restricted)
  6. Burks, Stephen V. & Carpenter, Jeffrey P. & Verhoogen, Eric, 2003. "Playing both roles in the trust game," Journal of Economic Behavior & Organization, Elsevier, vol. 51(2), pages 195-216, June. [Downloadable!] (restricted)
  7. Glenn W. Harrison & Morten I. Lau & Melonie B. Williams, 2002. "Estimating Individual Discount Rates in Denmark: A Field Experiment," American Economic Review, American Economic Association, vol. 92(5), pages 1606-1617, December. [Downloadable!] (restricted)
  8. Powell, James L, 1986. "Symmetrically Trimmed Least Squares Estimation for Tobit Models," Econometrica, Econometric Society, vol. 54(6), pages 1435-60, November. [Downloadable!] (restricted)
  9. Jordi Brandts & Gary Charness, 1998. "Hot vs. Cold: Sequential Responses and Preference Stability in Experimental Games," Economics Working Papers 321, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
    Other versions:
  10. 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.
  11. 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:
  12. repec:att:wimass:199217 is not listed on IDEAS
  13. Abbink, Klaus & Irlenbusch, Bernd & Renner, Elke, 2000. "The moonlighting game: An experimental study on reciprocity and retribution," Journal of Economic Behavior & Organization, Elsevier, vol. 42(2), pages 265-277, June. [Downloadable!] (restricted)
  14. Andreas Ortmann & John Fitzgerald & Carl Boeing, 2000. "Trust, Reciprocity, and Social History: A Re-examination," Experimental Economics, Springer, vol. 3(1), pages 81-100, June. [Downloadable!] (restricted)
  15. Antoni Bosch-Domenech et al., 2002. "One, Two, (Three), Infinity, . . . : Newspaper and Lab Beauty-Contest Experiments," American Economic Review, American Economic Association, vol. 92(5), pages 1687-1701, December. [Downloadable!] (restricted)
  16. Gneezy, Uri & Guth, Werner & Verboven, Frank, 2000. "Presents or investments? An experimental analysis," Journal of Economic Psychology, Elsevier, vol. 21(5), pages 481-493, October. [Downloadable!] (restricted)
    Other versions:
  17. Camerer, Colin F. & Hogarth, Robin M., 1999. "The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework," Working Papers 1059, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
  18. Anderhub, Vital & Engelmann, Dirk & Guth, Werner, 2002. "An experimental study of the repeated trust game with incomplete information," Journal of Economic Behavior & Organization, Elsevier, vol. 48(2), pages 197-216, June. [Downloadable!] (restricted)
    Other versions:
  19. Hurd, Michael, 1979. "Estimation in truncated samples when there is heteroscedasticity," Journal of Econometrics, Elsevier, vol. 11(2-3), pages 247-258. [Downloadable!] (restricted)
  20. Hausman, Jerry A, 1978. "Specification Tests in Econometrics," Econometrica, Econometric Society, vol. 46(6), pages 1251-71, November. [Downloadable!] (restricted)
  21. Newey, Whitney K. & McFadden, Daniel, 1986. "Large sample estimation and hypothesis testing," Handbook of Econometrics, in: R. F. Engle & D. McFadden (ed.), Handbook of Econometrics, edition 1, volume 4, chapter 36, pages 2111-2245 Elsevier. [Downloadable!] (restricted)
  22. Samuel Bowles & Herbert Gintis, 2002. "Social Capital and Community Governance," Economic Journal, Royal Economic Society, vol. 112(483), pages 419-436, November. [Downloadable!] (restricted)
    Other versions:
  23. Camerer, Colin F & Hogarth, Robin M, 1999. "The Effects of Financial Incentives in Experiments: A Review and Capital-Labor-Production Framework," Journal of Risk and Uncertainty, Springer, vol. 19(1-3), pages 7-42, December. [Downloadable!] (restricted)
  24. Harvey James, 2002. "The Trust Paradox: A Survey of Economic Inquiries Into the Nature of Trust and Trustworthiness," Microeconomics 0202001, EconWPA. [Downloadable!]
  25. Rosemarie Nagel & Antoni Bosch-Domènech & Albert Satorra & José García Montalvo, 1999. "One, Two, (Three), Infinity: Newspaper and Lab Beauty-Contest Experiments," Economics Working Papers 438, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  26. 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)
  27. James Jr., Harvey S., 2002. "The trust paradox: a survey of economic inquiries into the nature of trust and trustworthiness," Journal of Economic Behavior & Organization, Elsevier, vol. 47(3), pages 291-307, March. [Downloadable!] (restricted)
  28. Werner Güth & Carsten Schmidt & Matthias Sutter, 2003. "Fairness in the Mail and Opportunism in the Internet: A Newspaper Experiment on Ultimatum Bargaining," German Economic Review, Blackwell Publishing, vol. 4(2), pages 243-265, 05. [Downloadable!] (restricted)
    Other versions:
  29. 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)
  30. David Lucking-Reiley, 1999. "Using Field Experiments to Test Equivalence between Auction Formats: Magic on the Internet," American Economic Review, American Economic Association, vol. 89(5), pages 1063-1080, December. [Downloadable!] (restricted)
  31. Edward L. Glaeser & David Laibson & Bruce Sacerdote, 2002. "An Economic Approach to Social Capital," Economic Journal, Royal Economic Society, vol. 112(483), pages 437-458, November. [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.)

  1. 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!]
  2. Antoni Bosch-Domènech & Rosemarie Nagel & Juan Vicente Sánchez-Andrés & Jaume Morera, 2007. "Social capabilities in Alzheimer’s patients," Economics Working Papers 1020, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  3. Abigail Barr, 2004. "Rational and Biased Trust," Development and Comp Systems 0409068, EconWPA. [Downloadable!]
  4. Jeffrey Milyo & Jennifer M. Mellor & Lisa R. Anderson, 2005. "An Experimental Study of the Effects of Inequality and Relative Deprivation on Trusting Behavior," Working Papers 0502, Department of Economics, University of Missouri. [Downloadable!]
    Other versions:
  5. repec:ese:iserwp: is not listed on IDEAS
  6. Bellemare, Charles & Kröger, Sabine, 2004. "On Representative Social Capital," IZA Discussion Papers 1145, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  7. John Ermisch & Diego Gambetta, 2006. "People’s Trust: The Design of a Survey-based Experiment," IZA Discussion Papers 2216, Institute for the Study of Labor (IZA). [Downloadable!]
  8. Vyrastekova, Jana & Onderstal, Sander, 2005. "The trust game behind the veil of ignorance : a note on gender differences," Discussion Paper 96, Tilburg University, Center for Economic Research. [Downloadable!]
  9. Olof Johansson Stenman & Minhaj Mahmud & Peter Martinsson, 2006. "Trust, Trust Games and Stated Trust: Evidence from Rural Bangladesh," Keele Economics Research Papers KERP 2006/11, Centre for Economic Research, Keele University. [Downloadable!]
    Other versions:
  10. Matthias Sutter & Martin G. Kocher, 2004. "Age and the development of trust and reciprocity," Discussion Papers on Strategic Interaction 2004-01, Max Planck Institute of Economics, Strategic Interaction Group. [Downloadable!]
    Other versions:
  11. Holm, Håkan & Nystedt, Paul, 2005. "Trust in surveys and games - a matter of money and location?," Working Papers 2005:26, Lund University, Department of Economics, revised 15 Aug 2005. [Downloadable!]
  12. Vyrastekova, Jana & Garikipati, Supriya, 2005. "Beliefs and trust : an experiment," Discussion Paper 88, Tilburg University, Center for Economic Research. [Downloadable!]
Statistics
Access and download statistics

Did you know? You can import bibliographic info in various formats into you bibliographic tool, or just into your word processor. See under "publisher info" on each abstract page.

This page was last updated on 2008-7-2.

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.