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Trust, Trust Games and Stated Trust: Evidence from Rural Bangladesh

  • Olof Johansson Stenman

    (Göteborg University)

  • Minhaj Mahmud


    (Keele University, Centre for Economic Research and School of Economic and Management Studies)

  • Peter Martinsson

    (Göteborg University)

Levels of trust are measured by asking standard survey questions on trust and by observing the behaviour in a trust game using a random sample in rural Bangladesh. Follow-up questions and correlations between stated expectations and the sent amount in the trust game reveal that the amount sent in the trust game is a weak measure of trust. The fear of future punishment, either during or after this life, for not being sufficiently generous to others, was the most frequently stated motive behind the respondents' behaviour, highlighting the potential importance of motives that cannot be inferred directly from people's behaviour.

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Paper provided by Centre for Economic Research, Keele University in its series Keele Economics Research Papers with number KERP 2006/11.

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Length: 24 pages
Date of creation: Jun 2006
Date of revision:
Handle: RePEc:kee:kerpuk:2006/11
Note: An earlier version of this paper is available as Working Paper No 168, Department of Economics, Göteborg University, 2005.
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Department of Economics, University of Keele, Keele, Staffordshire, ST5 5BG - United Kingdom

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