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Is there a relation between trust and trustworthiness?

  • Tamás Kovács
  • Marc Willinger

We provide new evidence about a positive correlation between the own amount sent and the own amount returned in the investment game. Our analysis relies on experimental data collected under the strategy method for establishing our main result. While the percentage returned is independent of the amount received for most of our subjects, it is strongly correlated to their amount sent as a trustor. Our analysis is based on a two-way classification of subjects : according to their trusting type and according to their reciprocal type. We show the existence of a strong correlation between trusting types and reciprocal types within subjects.

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Paper provided by LAMETA, Universtiy of Montpellier in its series Working Papers with number 10-03.

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Length: 26 pages
Date of creation: Mar 2010
Date of revision: Mar 2010
Handle: RePEc:lam:wpaper:10-03
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  11. Altmann, Steffen & Dohmen, Thomas & Wibral, Matthias, 2007. "Do the Reciprocal Trust Less?," IZA Discussion Papers 3010, Institute for the Study of Labor (IZA).
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    • Glaeser, Edward Ludwig & Laibson, David I. & Scheinkman, Jose A. & Soutter, Christine L., 2000. "Measuring Trust," Scholarly Articles 4481497, Harvard University Department of Economics.
  15. Johansson-Stenman, Olof & Mahmud, Minhaj & Martinsson, Peter, 2013. "Trust, trust games and stated trust: Evidence from rural Bangladesh," Journal of Economic Behavior & Organization, Elsevier, vol. 95(C), pages 286-298.
  16. Dean S. Karlan, 2005. "Using Experimental Economics to Measure Social Capital And Predict Financial Decisions," Working Papers 909, Economic Growth Center, Yale University.
  17. Danielson, Anders & Holm, Hakan J, 2003. "Tropic Trust versus Nordic Trust: Experimental Evidence from Tanzania and Sweden," Working Papers 2003:6, Lund University, Department of Economics.
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  20. Nava Ashraf & Iris Bohnet & Nikita Piankov, 2006. "Decomposing trust and trustworthiness," Experimental Economics, Springer;Economic Science Association, vol. 9(3), pages 193-208, September.
  21. Bohnet, Iris & Zeckhauser, Richard, 2003. "Trust, Risk and Betrayal," Working Paper Series rwp03-041, Harvard University, John F. Kennedy School of Government.
  22. Fiona Greig & Iris Bohnet, 2008. "Is There Reciprocity In A Reciprocal-Exchange Economy? Evidence Of Gendered Norms From A Slum In Nairobi, Kenya," Economic Inquiry, Western Economic Association International, vol. 46(1), pages 77-83, 01.
  23. 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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  25. Fabian Bornhorst & Andrea Ichino & Oliver Kirchkamp & Karl Schlag & Eyal Winter, 2010. "Similarities and differences when building trust: the role of cultures," Experimental Economics, Springer;Economic Science Association, vol. 13(3), pages 260-283, September.
  26. Andrew Schotter & Barry Sopher, 2006. "Trust and trustworthiness in games: An experimental study of intergenerational advice," Experimental Economics, Springer;Economic Science Association, vol. 9(2), pages 123-145, June.
  27. Gachter, Simon & Herrmann, Benedikt & Thoni, Christian, 2004. "Trust, voluntary cooperation, and socio-economic background: survey and experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 55(4), pages 505-531, December.
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