People's Trust: The Design of a Survey-based Experiment
AbstractIn this paper we present the design of a two-stage experiment which aims to measure trusting and trustworthiness in a representative sample of the British population. In the first part we discuss the shortcomings of the most common design of the ‘trust-game’ experiment in eliciting information about clear and cogent notions of trusting and trustworthiness, and in the second part we present an alternative design, which we call the ‘framed binary trust game’. The basic design will be administered to a sample of 200 subjects who were formerly members of the British Household Panel Survey (BHPS). In the third part of the paper, we extend this design to allow the ‘truster’ to purchase some information about the ‘trustee’ so as to make the experiment a better representation of real-life trust decisions. We plan in a second stage to run the extended experiment on a larger sample of about 1000 subjects.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 2216.
Length: 45 pages
Date of creation: Jul 2006
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Other versions of this item:
- Ermisch, John & Gambetta, Diego, 2006. "People's trust: the design of a survey-based experiment," ISER Working Paper Series 2006-34, Institute for Social and Economic Research.
- C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
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