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! ]
Verified Trust: Reciprocity, Altruism, and Noise in Trust Games Author info | Abstract | Publisher info | Download info | Related research | Statistics Marius Brülhart
Jean-Claude Usunier
Additional information is available for the following
registered author(s):
Behavioral economists have come to recognize that reciprocity, the interaction of trust and trustworthiness, is a distinct and economically relevant component of individual preferences alongside selfishness and altruism. This recognition is principally due to observed decisions in experimental "trust games". However, recent research has cast doubt on the explanatory power of trust as a determinant of those decisions, suggesting that altruism may explain much of what "looks like" trust. Moreover, empirical tests for alternative behavioral determinants can be sensitive to experimental bias due to differences in protocols and framing. Therefore, we propose discriminatory tests for altruism and trust that can be based on within-treatment and within-subject comparisons, and we control for group attributes of experimental subjects. Our results support trust (i.e. expected reciprocation) as the dominant motivation for "trust like" decisions.
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
page . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Paper provided by Université de Lausanne, Faculté des HEC, DEEP in its series Cahiers de Recherches Economiques du Département d'Econométrie et d'Economie politique (DEEP) with number
04.15.
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Length: 35 pages
Date of creation: Oct 2004Date of revision:
Handle: RePEc:lau:crdeep:04.15Contact details of provider: Postal: Université de Lausanne, Faculté des HEC, DEEP, Internef, CH-1015 Lausanne Phone: ++41 21 692.33.64 Fax: ++41 21 692.33.65 Web page: http://www.hec.unil.ch/deep/publications-english/e-cahiers.htm
For technical questions regarding this item, or to correct its listing, contact: (Claudine Delapierre Saudan).
Keywords: reciprocity ; altruism ; trust game ; experimental error ; Other versions of this item:
Find related papers by JEL classification: C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement D64 - Microeconomics - - Welfare Economics - - - Altruism
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.: 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)
Vernon L. Smith, 2003.
"Constructivist and Ecological Rationality in Economics ,"
American Economic Review ,
American Economic Association, vol. 93(3), pages 465-508, June.
[Downloadable!]
Other versions: Ernst Fehr & Simon Gaechter, .
"Fairness and Retaliation: The Economics of Reciprocitys ,"
IEW - Working Papers
iewwp040, Institute for Empirical Research in Economics - IEW.
[Downloadable!]
Other versions: Bornhorst, Fabian & Ichino, Andrea & Schlag, Karl & Winter, Eyal, 2004.
"Trust and Trustworthiness Among Europeans: South-North Comparison ,"
CEPR Discussion Papers
4378, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Dufwenberg, Martin & Gneezy, Uri, 2000.
"Measuring Beliefs in an Experimental Lost Wallet Game ,"
Games and Economic Behavior ,
Elsevier, vol. 30(2), pages 163-182, February.
[Downloadable!] (restricted)
Gary Charness, 2004.
"Attribution and Reciprocity in an Experimental Labor Market ,"
Journal of Labor Economics ,
University of Chicago Press, vol. 22(3), pages 665-688, July.
[Downloadable!]
Other versions: Adriana D. Kugler & Gilles Saint-Paul, 2004.
"How Do Firing Costs Affect Worker Flows in a World with Adverse Selection? ,"
Journal of Labor Economics ,
University of Chicago Press, vol. 22(3), pages 553-584, July.
[Downloadable!]
Zak, Paul J & Knack, Stephen, 2001.
"Trust and Growth ,"
Economic Journal ,
Royal Economic Society, vol. 111(470), pages 295-321, April.
[Downloadable!] (restricted)
James Andreoni & Lise Vesterlund, 2001.
"Which Is The Fair Sex? Gender Differences In Altruism ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 116(1), pages 293-312, February.
[Downloadable!] (restricted)
Other versions: Burnham, Terence & McCabe, Kevin & Smith, Vernon L., 2000.
"Friend-or-foe intentionality priming in an extensive form trust game ,"
Journal of Economic Behavior & Organization ,
Elsevier, vol. 43(1), pages 57-73, September.
[Downloadable!] (restricted)
Eckel, Catherine C. & Grossman, Philip J., 1996.
"Altruism in Anonymous Dictator Games ,"
Games and Economic Behavior ,
Elsevier, vol. 16(2), pages 181-191, October.
[Downloadable!] (restricted)
Willinger, Marc & Keser, Claudia & Lohmann, Christopher & Usunier, Jean-Claude, 2003.
"A comparison of trust and reciprocity between France and Germany: Experimental investigation based on the investment game ,"
Journal of Economic Psychology ,
Elsevier, vol. 24(4), pages 447-466, August.
[Downloadable!] (restricted)
Iris Bohnet & Bruno S. Frey, 1999.
"Social Distance and Other-Regarding Behavior in Dictator Games: Comment ,"
American Economic Review ,
American Economic Association, vol. 89(1), pages 335-339, March.
[Downloadable!] (restricted)
Fehr, Ernst & Fischbacher, Urs & von Rosenbladt, Bernhard & Schupp, Jürgen & Wagner, Gert G., 2003.
"A Nation-Wide Laboratory: Examining Trust and Trustworthiness by Integrating Behavioral Experiments into Representative Surveys ,"
IZA Discussion Papers
715, Institute for the Study of Labor (IZA).
[Downloadable!]
Other versions:
Ernst Fehr & Urs Fischbacher & Bernhard von Rosenbladt & Jürgen Schupp & Gert G. Wagner, .
"A Nation-Wide Laboratory: Examining trust and trustworthiness by integrating behavioral experiments into representative surveys ,"
IEW - Working Papers
iewwp141, Institute for Empirical Research in Economics - IEW.
[Downloadable!] Fehr, Ernst & Fischbacher, Urs & Schupp, Jürgen & von Rosenbladt, Bernhard & Wagner, Gert Georg, 2003.
"A Nationwide Laboratory Examining Trust and Trustworthiness by Integrating Behavioural Experiments into Representative Surveys ,"
CEPR Discussion Papers
3858, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Ernst Fehr & Urs Fischbacher & Bernhard von Rosenbladt & Jürgen Schupp & Gert G. Wagner, 2002.
"A Nation-Wide Laboratory: Examining Trust and Trustworthiness by Integrating Behavioral Experiments into Representative Surveys ,"
Discussion Papers of DIW Berlin
319, DIW Berlin, German Institute for Economic Research.
[Downloadable!] Ernst Fehr & Urs Fischbacher & Bernhard von Rosenbladt & Juergen Schupp & Gert G. Wagner, 2003.
"A Nation-Wide Laboratory. Examining Trust and Trustworthiness by Integrating Behavioral Experiments into Representative Survey ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
[Downloadable!] Daniel Houser & Robert Kurzban, 2002.
"Revisiting Kindness and Confusion in Public Goods Experiments ,"
American Economic Review ,
American Economic Association, vol. 92(4), pages 1062-1069, September.
[Downloadable!]
Charness, Gary & Haruvy, Ernan, 2002.
"Altruism, equity, and reciprocity in a gift-exchange experiment: an encompassing approach ,"
Games and Economic Behavior ,
Elsevier, vol. 40(2), pages 203-231, August.
[Downloadable!] (restricted)
Other versions:
Gary Charness & Ernan Haruvy, 1999.
"Altruism, Equity, And Reciprocity In A Gift-Exchange Experiment: An Encompassing Approach ,"
University of California at Santa Barbara, Economics Working Paper Series
13-99, Department of Economics, UC Santa Barbara.
[Downloadable!] Gary Charness & Ernan Haruvy, 1999.
"Altruism, Equity, and Reciprocity in a Gift-Exchange Experiment: An Encompassing Approach ,"
Economics Working Papers
368, Department of Economics and Business, Universitat Pompeu Fabra.
[Downloadable!] Cox, James C., 2004.
"How to identify trust and reciprocity ,"
Games and Economic Behavior ,
Elsevier, vol. 46(2), pages 260-281, February.
[Downloadable!] (restricted)
Clark, Kenneth & Sefton, Martin, 2001.
"The Sequential Prisoner's Dilemma: Evidence on Reciprocation ,"
Economic Journal ,
Royal Economic Society, vol. 111(468), pages 51-68, January.
[Downloadable!] (restricted)
Luigi Guiso & Paola Sapienza & Luigi Zingales, 2004.
"Cultural Biases in Economic Exchange ,"
NBER Working Papers
11005, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Luigi Guiso & Paola Sapienza, 2005.
"Cultural Biases in Economic Exchange ,"
2005 Meeting Papers
234, Society for Economic Dynamics.
[Downloadable!] Guiso, Luigi & Sapienza, Paola & Zingales, Luigi, 2005.
"Cultural Biases in Economic Exchange ,"
CEPR Discussion Papers
4837, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Luigi Guiso & Paola Sapienza & Luigi Zingales, 2007.
"Cultural Biases in Economic Exchange? ,"
Economics Working Papers
ECO2007/42, European University Institute.
[Downloadable!] Ernst Fehr & John A. List, 2004.
"The Hidden Costs and Returns of Incentives - Trust and Trustworthiness among CEOs ,"
Artefactual Field Experiments
0039, The Field Experiments Website.
[Downloadable!]
Other versions:
Ernst Fehr & John A. List, 2004.
"THE HIDDEN COSTS AND RETURNS OF INCENTIVES — TRUST AND TRUSTWORTHINESS AMONG CEOs ,"
Labor and Demography
0409012, EconWPA.
[Downloadable!] E. Fehr & John A. List, .
"The Hidden Costs and Returns of Incentives - Trust and Trustworthiness among CEOs ,"
IEW - Working Papers
iewwp134, Institute for Empirical Research in Economics - IEW.
[Downloadable!] Ernst Fehr & John A. List, 2004.
"The Hidden Costs and Returns of Incentives-Trust and Trustworthiness Among CEOs ,"
Journal of the European Economic Association ,
MIT Press, vol. 2(5), pages 743-771, 09.
[Downloadable!] (restricted) Gary E. Bolton & Rami Zwick & Elena Katok, 1998.
"Dictator game giving: Rules of fairness versus acts of kindness ,"
International Journal of Game Theory ,
Springer, vol. 27(2), pages 269-299.
[Downloadable!] (restricted)
Fehr, Ernst & Kirchsteiger, George & Riedl, Arno, 1993.
"Does Fairness Prevent Market Clearing? An Experimental Investigation ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 108(2), pages 437-59, May.
[Downloadable!] (restricted)
Ernst Fehr & Klaus M. Schmidt, 1999.
"A Theory Of Fairness, Competition, And Cooperation ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 114(3), pages 817-868, August.
[Downloadable!] (restricted)
Other versions:
Ernst Fehr & Klaus M. Schmidt, .
"A Theory of Fairness, Competition and Cooperation ,"
IEW - Working Papers
iewwp004, Institute for Empirical Research in Economics - IEW.
[Downloadable!] Fehr, Ernst & Schmidt, Klaus M., 1998.
"A Theory of Fairness, Competition and Cooperation ,"
CEPR Discussion Papers
1812, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Cox, James C. & Friedman, Daniel & Gjerstad, Steven, 2007.
"A tractable model of reciprocity and fairness ,"
Games and Economic Behavior ,
Elsevier, vol. 59(1), pages 17-45, April.
[Downloadable!] (restricted)
Other versions:
James C. Cox & Daniel Friedman & Steven Gjerstad, 2006.
"A Tractable Model of Reciprocity and Fairness ,"
Experimental Economics Center Working Paper Series
2006-05, Experimental Economics Center, Andrew Young School of Policy Studies, Georgia State University.
[Downloadable!] Cox, J. & Friedman, D. & Gjerstad, S., 2006.
"A Trackable Model of Reciprocity and Fairness ,"
Purdue University Economics Working Papers
1181, Purdue University, Department of Economics.
[Downloadable!] James Cox & Daniel Friedman & Steven Gjerstad, 2004.
"A Tractable Model of Reciprocity and Fairness ,"
Experimental
0406001, EconWPA.
[Downloadable!] Frank, Robert H & Gilovich, Thomas & Regan, Dennis T, 1993.
"Does Studying Economics Inhibit Cooperation? ,"
Journal of Economic Perspectives ,
American Economic Association, vol. 7(2), pages 159-71, Spring.
[Downloadable!] (restricted)
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: Alesina, Alberto & La Ferrara, Eliana, 2002.
"Who trusts others? ,"
Journal of Public Economics ,
Elsevier, vol. 85(2), pages 207-234, August.
[Downloadable!] (restricted)
Other versions: 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)
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)
Andreoni, James, 1995.
"Warm-Glow versus Cold-Prickle: The Effects of Positive and Negative Framing on Cooperation in Experiments ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 110(1), pages 1-21, February.
[Downloadable!] (restricted)
Other versions: 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!]
Hoffman, Elizabeth & McCabe, Kevin & Smith, Vernon L, 1996.
"Social Distance and Other-Regarding Behavior in Dictator Games ,"
American Economic Review ,
American Economic Association, vol. 86(3), pages 653-60, June.
[Downloadable!] (restricted)
Joel Sobel, 2005.
"Interdependent Preferences and Reciprocity ,"
Journal of Economic Literature ,
American Economic Association, vol. 43(2), pages 392-436, June.
[Downloadable!] (restricted)
Ben-Ner, Avner & Putterman, Louis & Kong, Fanmin & Magan, Dan, 2004.
"Reciprocity in a two-part dictator game ,"
Journal of Economic Behavior & Organization ,
Elsevier, vol. 53(3), pages 333-352, March.
[Downloadable!] (restricted)
Other versions: 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)
Gary Charness & Guillaume R. Frechette & John H. Kagel, 2004.
"How Robust is Laboratory Gift Exchange? ,"
Experimental Economics ,
Springer, vol. 7(2), pages 189-205, 06.
[Downloadable!]
Other versions: 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)
Gary E. Bolton & Axel Ockenfels, 2000.
"ERC: A Theory of Equity, Reciprocity, and Competition ,"
American Economic Review ,
American Economic Association, vol. 90(1), pages 166-193, March.
[Downloadable!] (restricted)
Rabin, Matthew, 1993.
"Incorporating Fairness into Game Theory and Economics ,"
American Economic Review ,
American Economic Association, vol. 83(5), pages 1281-1302, December.
[Downloadable!] (restricted)
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)
James Andreoni & John Miller, 2002.
"Giving According to GARP: An Experimental Test of the Consistency of Preferences for Altruism ,"
Econometrica ,
Econometric Society, vol. 70(2), pages 737-753, March.
[Downloadable!] (restricted)
Ernst Fehr & Urs Fischbacher, 2002.
"Why Social Preferences Matter -- The Impact of Non-Selfish Motives on Competition, Cooperation and Incentives ,"
Economic Journal ,
Royal Economic Society, vol. 112(478), pages C1-C33, March.
[Downloadable!] (restricted)
Andreoni, James, 1995.
"Cooperation in Public-Goods Experiments: Kindness or Confusion? ,"
American Economic Review ,
American Economic Association, vol. 85(4), pages 891-904, September.
[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.)
Vyrastekova, Jana & Garikipati, Supriya, 2005.
"Beliefs and trust : an experiment ,"
Discussion Paper
88, Tilburg University, Center for Economic Research.
[Downloadable!]
Access and
download statistics Did you know? IDEAS was sponsored from 1997 to 2002 by the Université du Québec à Montréal .
This page was last updated on 2009-11-22.
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 .