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On Representative Trust

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  • Bellemare, C.

    (Tilburg University, Center For Economic Research)

  • Kroger, S.

    (Tilburg University, Center For Economic Research)

Abstract

Because of its relation to economic growth, there is a policy interest in mea- suring social capital and average trust as its currently most important proxy. Thereby a main focus is determining its variation across groups with different individual characteristics. In this paper we combine the virtue of laboratory experiments and survey data analysis. We present results from a novel experiment conducted on a representative sample of the Dutch population. The advantages of this combination of methods are to shed light on four almost undocumented yet important issues in trust economics. Our results can briefly be summarized as follows. We do not find evidence of a participation selectivity bias which is a serious concern for laboratory experiments which rely almost exclusively on volunteer participants. Contrary to the existing literature, we find that stated trust measures correlate with experimental trust. The differences in parameter estimates across both measures are significant, but do not hold a jointly test. We also find that the age and education profiles of trust are opposite to those of reciprocal behavior. Finally, we find that the choice of proxy variable for social capital matters greatly, leading to very different inferences.
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Suggested Citation

  • Bellemare, C. & Kroger, S., 2003. "On Representative Trust," Discussion Paper 2003-47, Tilburg University, Center for Economic Research.
  • Handle: RePEc:tiu:tiucen:5b4c2638-b100-4442-8afa-5c780e8d5f18
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    Cited by:

    1. Bellemare, Charles & Kroger, Sabine, 2007. "On representative social capital," European Economic Review, Elsevier, vol. 51(1), pages 183-202, January.
    2. Ashraf, Nava & Bohnet, Iris & Piankov, Nikita, 2003. "Is Trust a Bad Investment?," Working Paper Series rwp03-047, Harvard University, John F. Kennedy School of Government.
    3. Ermisch, John & Gambetta, Diego, 2006. "People’s trust: the design of a survey-based experiment," ISER Working Paper Series 2006-34, Institute for Social and Economic Research.
    4. Antoni Bosch-Domenech & Rosemarie Nagel & Juan Sanchez-Andres, 2005. "Social capabilities preserved in alzheimer patients," Artefactual Field Experiments 00012, The Field Experiments Website.
    5. Alvin Etang Ndip & David Fielding & Stephen Knowles, 2007. "Survey Trust, Experimental Trust and ROSCA Membership in Rural Cameroon," Working Papers 0713, University of Otago, Department of Economics, revised Nov 2007.
    6. Borghans, José A.M. & Borghans, Lex & ter Weel, Bas, 2005. "Is There a Link between Economic Outcomes and Genetic Evolution? Cross-Country Evidence from the Major Histocompatibility Complex," IZA Discussion Papers 1838, Institute of Labor Economics (IZA).
    7. 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.
    8. Ali Ahmed & Osvaldo Salas, 2009. "The Relationship between Behavioral and Attitudinal Trust: A Cross-cultural Study," Review of Social Economy, Taylor & Francis Journals, vol. 67(4), pages 457-482.
    9. Abigail Barr, 2004. "Rational and Biased Trust," Development and Comp Systems 0409068, University Library of Munich, Germany.
    10. Papa Stefano, 2011. "Oltre l’egoismo: L’approccio comportamentale alle preferenze," wp.comunite 0077, Department of Communication, University of Teramo.
    11. Papa Stefano, 2011. "Come misurare fiducia, reciprocità e altruismo," wp.comunite 0078, Department of Communication, University of Teramo.
    12. Lisa R. Anderson & Jennifer M. Mellor & Jeffrey Milyo, 2005. "An Experimental Study of the Effects of Inequality and Relative Deprivation on Trusting Behavior," Working Papers 14, Department of Economics, College of William and Mary.
    13. Matthias Sutter & Martin Kocher, 2004. "Age And The Development Of Trust And Reciprocity," Royal Economic Society Annual Conference 2004 105, Royal Economic Society.
    14. Holm, Håkan & Nystedt, Paul, 2005. "Trust in surveys and games - a matter of money and location?," Working Papers 2005:26, Lund University, Department of Economics, revised 15 Aug 2005.
    15. Rachel Croson & Uri Gneezy, 2009. "Gender Differences in Preferences," Journal of Economic Literature, American Economic Association, vol. 47(2), pages 448-474, June.
    16. Beugelsdijk, Sjoerd & van Schaik, Ton, 2005. "Social capital and growth in European regions: an empirical test," European Journal of Political Economy, Elsevier, vol. 21(2), pages 301-324, June.
    17. Johnson, Noel D. & Mislin, Alexandra A., 2011. "Trust games: A meta-analysis," Journal of Economic Psychology, Elsevier, vol. 32(5), pages 865-889.
    18. Antoni Bosch-Domènech & Rosemarie Nagel & Juan Vicente Sánchez-Andrés, 2007. "Social capabilities in Alzheimer’s patients," Economics Working Papers 1020, Department of Economics and Business, Universitat Pompeu Fabra.
    19. Naveh Eskinazi & Miki Malul & Mosi Rosenboim & Tal Shavit, 2023. "Do you still trust me? An experimental study on the effect of uncertainty, complexity and anchors in a trust game," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(2), pages 892-905, March.
    20. Fehr, Ernst & Schmidt, Klaus M., 2005. "The Economics of Fairness, Reciprocity and Altruism – Experimental Evidence and New Theories," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 66, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    21. Falk, Armin & Fehr, Ernst, 2003. "Why labour market experiments?," Labour Economics, Elsevier, vol. 10(4), pages 399-406, August.
    22. Roxanne J. Kovacs & Mylene Lagarde & John Cairns, 2019. "Measuring patient trust: Comparing measures from a survey and an economic experiment," Health Economics, John Wiley & Sons, Ltd., vol. 28(5), pages 641-652, May.

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    More about this item

    Keywords

    trusts; economic growth; policy; education; religion; Netherlands;
    All these keywords.

    JEL classification:

    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General

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