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Collective Trust Behavior

Author

Listed:
  • Holm, Håkan

    () (Department of Economics, Lund University)

  • Nystedt, Paul

    () (Department of Economics and Management, Linköping University)

Abstract

This paper investigates trust in situations, where decision-makers are large groups and the decision-mechanism is collective, by developing a game to study trust behavior. Theories from behavioral economics and psychology suggest that trust in such situations may differ from individual trust. Experimental results here reveal a large difference in trust but not in trustworthiness between the individual and collective setting. Furthermore, an artefactual field experiment captures the determinants of collective trust behavior among two cohorts in the Swedish population. One result is that beliefs about the other and the own group are strongly associated with collective trustworthiness and trust behavior.

Suggested Citation

  • Holm, Håkan & Nystedt, Paul, 2006. "Collective Trust Behavior," Working Papers 2007:1, Lund University, Department of Economics.
  • Handle: RePEc:hhs:lunewp:2007_001
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    References listed on IDEAS

    as
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    Cited by:

    1. Robert Jiro Netzer & Matthias Sutter, 2009. "Intercultural trust. An experiment in Austria and Japan," Working Papers 2009-05, Faculty of Economics and Statistics, University of Innsbruck.

    More about this item

    Keywords

    Collective Trust; Voting; Experiment; Beliefs;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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