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Income inequality in the trust game

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  • Smith, Alexander

Abstract

This paper presents an experiment measuring how lab-induced income inequality affects trust and trustworthiness. Low endowment subjects paired with high endowment subjects showed more trust than subjects in other pairs; this trust was reciprocated with high trustworthiness.

Suggested Citation

  • Smith, Alexander, 2011. "Income inequality in the trust game," Economics Letters, Elsevier, vol. 111(1), pages 54-56, April.
  • Handle: RePEc:eee:ecolet:v:111:y:2011:i:1:p:54-56
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    Cited by:

    1. Fehr, Dietmar & Rau, Hannes & Trautmann, Stefan T. & Xu, Yilong, 2020. "Inequality, fairness and social capital," European Economic Review, Elsevier, vol. 129(C).
    2. Calabuig, Vicente & Fatas, Enrique & Olcina, Gonzalo & Rodriguez-Lara, Ismael, 2016. "Carry a big stick, or no stick at all," Journal of Economic Psychology, Elsevier, vol. 57(C), pages 153-171.
    3. repec:hal:spmain:info:hdl:2441/53c4o1e509lcr61ob4ntirirm is not listed on IDEAS
    4. Gylfason, Haukur Freyr & Olafsdottir, Katrin, 2017. "Does Gneezy's cheap talk game measure trust?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 67(C), pages 143-148.
    5. Sophie Cetre, 2020. "Essays on the determinants of wage inequality," Sciences Po publications info:hdl:2441/53c4o1e509l, Sciences Po.
    6. Hernán Bejarano & Joris Gillet & Ismael Rodriguez‐Lara, 2018. "Do Negative Random Shocks Affect Trust and Trustworthiness?," Southern Economic Journal, John Wiley & Sons, vol. 85(2), pages 563-579, October.
    7. Bejarano, Hernán & Gillet, Joris & Rodriguez-Lara, Ismael, 2021. "Trust and trustworthiness after negative random shocks," Journal of Economic Psychology, Elsevier, vol. 86(C).
    8. Amalia Rodrigo-González & María Caballer-Tarazona & Aurora García-Gallego, 2019. "Active Learning on Trust and Reciprocity for Undergraduates," Sustainability, MDPI, vol. 11(16), pages 1-22, August.
    9. Gilles Grolleau & Sana El Harbi & Hayet Saadaoui & Angela Sutan, 2016. "The Interplay Of Inequality And Reference Dependence With Trust An Experimental Study," Bulletin of Economic Research, Wiley Blackwell, vol. 68(2), pages 117-123, April.
    10. Fehr, Dietmar & Rau, Hannes & Trautmann, Stefan T. & Xu, Yilong, 2018. "Inequality, Fairness and Social Capital," Working Papers 0650, University of Heidelberg, Department of Economics.
    11. Katarzyna Samson, 2018. "Trust as a mechanism of system justification," PLOS ONE, Public Library of Science, vol. 13(10), pages 1-22, October.
    12. Bejarano, Hernan & Gillet, Joris & Lara, Ismael Rodríguez, 2021. "When the rich do (not) trust the (newly) rich: Experimental evidence on the effects of positive random shocks in the trust game," OSF Preprints wmejt, Center for Open Science.
    13. Hernan Bejarano & Joris Gillet & Ismael Rodriguez-Lara, 2020. "Trust and Trustworthiness After Negative Random Shocks," Working Papers 20-25, Chapman University, Economic Science Institute.

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    Keywords

    Trust Trust game Income inequality;

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