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.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
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.:
- Kocher, Martin & Matthias Sutter, 2003.
"Individual versus group behavior and the role of the decision making procedure in gift-exchange experiments,"
Royal Economic Society Annual Conference 2003
125, Royal Economic Society.
- Martin Kocher & Matthias Sutter, 2007. "Individual versus group behavior and the role of the decision making procedure in gift-exchange experiments," Empirica, Springer, vol. 34(1), pages 63-88, March.
- Martin G. Kocher & Matthias Sutter, . "Individual versus group behavior and the role of the decision making procedure in gift-exchange experiments," Papers on Strategic Interaction 2002-27, Max Planck Institute of Economics, Strategic Interaction Group.
- Kocher, Martin G. & Sutter, Matthias, 2007. "Individual versus group behavior and the role of the decision making procedure in gift-exchange experiments," Munich Reprints in Economics 18214, University of Munich, Department of Economics.
- Powell, Melanie & Ansic, David, 1997. "Gender differences in risk behaviour in financial decision-making: An experimental analysis," Journal of Economic Psychology, Elsevier, vol. 18(6), pages 605-628, November.
- Rabin, Matthew, 1993.
"Incorporating Fairness into Game Theory and Economics,"
American Economic Review,
American Economic Association, vol. 83(5), pages 1281-1302, December.
- M. Rabin, 2001. "Incorporating Fairness into Game Theory and Economics," Levine's Working Paper Archive 511, David K. Levine.
- Matthew Rabin., 1992. "Incorporating Fairness into Game Theory and Economics," Economics Working Papers 92-199, University of California at Berkeley.
- Matthias Sutter & Martin G. Kocher, 2004.
"Age and the development of trust and reciprocity,"
Papers on Strategic Interaction
2004-01, Max Planck Institute of Economics, Strategic Interaction Group.
- Håkan J. Holm & Anders Danielson, 2005.
"Tropic Trust Versus Nordic Trust: Experimental Evidence From Tanzania And Sweden,"
Royal Economic Society, vol. 115(503), pages 505-532, 04.
- Danielson, Anders & Holm, Hakan J, 2003. "Tropic Trust versus Nordic Trust: Experimental Evidence from Tanzania and Sweden," Working Papers 2003:6, Lund University, Department of Economics.
- Dean Karlan, 2004.
"Using experimental economics to measure social capital and predict financial decisions,"
Artefactual Field Experiments
00074, The Field Experiments Website.
- Dean S. Karlan, 2005. "Using Experimental Economics to Measure Social Capital and Predict Financial Decisions," American Economic Review, American Economic Association, vol. 95(5), pages 1688-1699, December.
- Dean S. Karlan, 2005. "Using Experimental Economics to Measure Social Capital And Predict Financial Decisions," Working Papers 909, Economic Growth Center, Yale University.
- Dean S. Karlan, 2005. "Using Experimental Economics to Measure Social Capital and Predict Financial Decisions," Working Papers 182, Princeton University, Woodrow Wilson School of Public and International Affairs, Research Program in Development Studies..
- 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.
- James Konow, 2000. "Fair Shares: Accountability and Cognitive Dissonance in Allocation Decisions," American Economic Review, American Economic Association, vol. 90(4), pages 1072-1091, September.
- Robert Jiro Netzer & Matthias Sutter, 2009. "Intercultural trust. An experiment in Austria and Japan," Working Papers 2009-05, Faculty of Economics and Statistics, University of Innsbruck.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (David Edgerton).
If references are entirely missing, you can add them using this form.