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Socialisation, Trust and Reciprocity among Young People

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  • Matteo Migheli

Abstract

This paper analyzes the contribution of youth's different time allocations to positive behaviours in exchanges. Psychologists highlight that time spent within voluntary organizations fosters positive development. The paper aims at deepening the knowledge of the psychological bases of the observed outcomes of a basic trust game. Undergraduate students played a basic trust game; after this, information about the use of their spare time was collected. Higher passed amounts positively correlate with time spent in youth organizations. The main novelties of the paper are: the way social capital is measured and the strong link with the psychological literature.

Suggested Citation

  • Matteo Migheli, 2012. "Socialisation, Trust and Reciprocity among Young People," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 148(I), pages 77-95, March.
  • Handle: RePEc:ses:arsjes:2012-i-4
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    File URL: http://www.sjes.ch/papers/2012-I-4.pdf
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    References listed on IDEAS

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    1. Ernst Fehr & Klaus M. Schmidt, 1999. "A Theory of Fairness, Competition, and Cooperation," The Quarterly Journal of Economics, Oxford University Press, vol. 114(3), pages 817-868.
    2. Bouckaert, Jan & Dhaene, Geert, 2004. "Inter-ethnic trust and reciprocity: results of an experiment with small businessmen," European Journal of Political Economy, Elsevier, vol. 20(4), pages 869-886, November.
    3. Dean S. Karlan, 2005. "Using Experimental Economics to Measure Social Capital and Predict Financial Decisions," American Economic Review, American Economic Association, vol. 95(5), pages 1688-1699, December.
    4. 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.
    5. Catherine Eckel & Philip Grossman, 2000. "Volunteers and Pseudo-Volunteers: The Effect of Recruitment Method in Dictator Experiments," Experimental Economics, Springer;Economic Science Association, vol. 3(2), pages 107-120, October.
    6. Stephen Meier & Bruno Frey, 2004. "Do Business Students Make Good Citizens?," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 11(2), pages 141-163.
    7. 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.
    8. Stanley, T. D. & Tran, Ume, 1998. "Economics students need not be greedy: Fairness and the ultimatum game," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 27(6), pages 657-663.
    9. Michal Krawczyk, 2011. "What brings your subjects to the lab? A field experiment," Experimental Economics, Springer;Economic Science Association, vol. 14(4), pages 482-489, November.
    10. repec:pri:rpdevs:gamespaper is not listed on IDEAS
    11. 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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    Citations

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    Cited by:

    1. Matteo Migheli, 2013. "Relational capital, profitability and access to credit: evidence from a sample of Italian small firms," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 60(2), pages 221-233, June.

    More about this item

    Keywords

    trust; reciprocity; social capital;

    JEL classification:

    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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