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Intra-generational trust--a semi-experimental study of trust among different generations

  • Holm, Hakan
  • Nystedt, Paul

From a public database in Sweden we obtained a subject pool consisting of one group 20 years old and another group that was exactly 50 years older. The groups participated in a mail-based trust game. In the trust game the young cohort exhibited significantly more trust than the old cohort did. Furthermore, subjects preferred to place trust in co-players of their own cohort. When amounts sent and proportions returned in the mail-based game are compared with other trust games conducted in standard laboratory environments it is found that the mail-based game does not seem to generate extreme distributions.

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Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

Volume (Year): 58 (2005)
Issue (Month): 3 (November)
Pages: 403-419

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Handle: RePEc:eee:jeborg:v:58:y:2005:i:3:p:403-419
Contact details of provider: Web page: http://www.elsevier.com/locate/jebo

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  1. V. Anderhub & R. Müller & C. Schmidt, 1998. "Design and Evaluation of an Economic Experiment via the Internet," SFB 373 Discussion Papers 1998,69, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
  2. 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.
  3. Nancy Buchan & Rachel Croson, 1999. "Gender and Culture: International Experimental Evidence from Trust Games," American Economic Review, American Economic Association, vol. 89(2), pages 386-391, May.
  4. Knack, Stephen & Keefer, Philip, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, MIT Press, vol. 112(4), pages 1251-88, November.
  5. 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.
    • Glaeser, Edward Ludwig & Laibson, David I. & Scheinkman, Jose A. & Soutter, Christine L., 2000. "Measuring Trust," Scholarly Articles 4481497, Harvard University Department of Economics.
  6. Werner Güth & Carsten Schmidt & Matthias Sutter, 2005. "Bargaining Outside the Lab – A Newspaper Experiment of a Three-Person Ultimatum Game," Papers on Strategic Interaction 2002-11, Max Planck Institute of Economics, Strategic Interaction Group.
  7. Berg Joyce & Dickhaut John & McCabe Kevin, 1995. "Trust, Reciprocity, and Social History," Games and Economic Behavior, Elsevier, vol. 10(1), pages 122-142, July.
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