What is Social Capital? The Determinants of Trust and Trustworthiness
AbstractUsing a sample of Harvard undergraduates, we analyze trust and social capital in two experiments. Trusting behavior and trustworthiness rise with social connection; differences in race and nationality reduce the level of trustworthiness. Certain individuals appear to be persistently more trusting, but these people do not say they are more trusting in surveys. Survey questions about trust predict trustworthiness not trust. Only children are less trustworthy. People behave in a more trustworthy manner towards higher status individuals, and therefore status increases earnings in the experiment. As such, high status persons can be said to have more social capital.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 7216.
Date of creation: Jul 1999
Date of revision:
Publication status: published as "Measuring Trust," Edward L. Glaeser, David Laibson, Jose A. Scheinkman, and Christine L. Soutter, Quarterly Journal of Economics, 65, August 2000, pp . 811-846.
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Other versions of this item:
- Edward L. Glaeser & David Laibson & Jose A. Scheinkman & Christine L. Soutter, 1999. "What is Social Capital? The Determinants of Trust and Trustworthiness," Harvard Institute of Economic Research Working Papers 1875, Harvard - Institute of Economic Research.
- C9 - Mathematical and Quantitative Methods - - Design of Experiments
- D7 - Microeconomics - - Analysis of Collective Decision-Making
This paper has been announced in the following NEP Reports:
- NEP-AGR-1999-07-28 (Agricultural Economics)
- NEP-ALL-1999-07-28 (All new papers)
- NEP-CDM-1999-07-28 (Collective Decision-Making)
- NEP-EXP-1999-07-28 (Experimental Economics)
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