Collective Trust Behavior
AbstractThis paper investigates trust in situations, where decision-makers are large groups and the decision-mechanism is collective, by developing a game to study trust behavior. Theories from behavioral economics and psychology suggest that trust in such situations may differ from individual trust. Experimental results here reveal a large difference in trust but not in trustworthiness between the individual and collective setting. Furthermore, an artefactual field experiment captures the determinants of collective trust behavior among two cohorts in the Swedish population. One result is that beliefs about the other and the own group are strongly associated with collective trustworthiness and trust behavior.
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Bibliographic InfoPaper provided by Lund University, Department of Economics in its series Working Papers with number 2007:1.
Length: 58 pages
Date of creation: 20 Dec 2006
Date of revision:
Publication status: Published in Scandinavian Journal of Economics, 2010, pages 25-53.
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
More information through EDIRC
Collective Trust; Voting; Experiment; Beliefs;
Other versions of this item:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
- C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
- D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-01-23 (All new papers)
- NEP-CBE-2007-01-23 (Cognitive & Behavioural Economics)
- NEP-CDM-2007-01-23 (Collective Decision-Making)
- NEP-EVO-2007-01-23 (Evolutionary Economics)
- NEP-EXP-2007-01-23 (Experimental Economics)
- NEP-POL-2007-01-23 (Positive Political Economics)
- NEP-SOC-2007-01-23 (Social Norms & Social Capital)
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.:
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