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Trust in surveys and games - a matter of money and location?

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Author Info

  • Holm, Håkan

    ()
    (Department of Economics, Lund University)

  • Nystedt, Paul

    ()
    (Department of Economics, Lund University)

Abstract

This paper explores methods to study trust. Answers to survey questions and choices in a trust game are obtained from subjects approached by mail executing their tasks at home as well as from classroom subjects. No discernable differences between the results obtained by these methods were observed. Furthermore, one group of subjects played the trust game with hypothetical payments. This changed trust behavior dramatically, whereas trustworthiness was unaffected. Subjects without financial incentives exhibited less trust. Trust choices with hypothetical payments were significantly correlated with survey trust answers whereas there was no such correlation for the corresponding choices with real payments.

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Bibliographic Info

Paper provided by Lund University, Department of Economics in its series Working Papers with number 2005:26.

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Length: 29 pages
Date of creation: 07 Apr 2005
Date of revision: 15 Aug 2005
Publication status: Published in Journal of Economic Psychology, 2008, pages 522-542.
Handle: RePEc:hhs:lunewp:2005_026

Contact details of provider:
Postal: Department of Economics, School of Economics and Management, Lund University, Box 7082, S-220 07 Lund,Sweden
Phone: +46 +46 222 0000
Fax: +46 +46 2224613
Web page: http://www.nek.lu.se/en
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Keywords: Trust; Financial incentives; Location; Survey answers;

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References

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Cited by:
  1. Hakan J. Holm & Paul Nystedt, 2010. "Collective Trust Behavior," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(1), pages 25-53, 03.

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