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the power of our approach with the analysis of trust and trustworthiness in Germany by combining representative survey … elicit people’s trust correlate well with behaviourally exhibited trust in the experiment. People above the age of 65, highly … data with representative behavioural data from a social dilemma experiment. We identify which survey questions intended to …
Persistent link: https://www.econbiz.de/10005661984
We run an experiment in which students of different European nationalities are matched in groups of five and repeatedly … choose with whom within their group they want to play a trust game. Participants observe of each other age, gender …, nationality and number of siblings. The region of origin, "North" or "South" is a major determinant of success in the experiment …
Persistent link: https://www.econbiz.de/10008468504
of trustworthiness, could generate the non-monotonic relationship between trust and income. Highly trustworthy … evidence showing that own trustworthiness and expectations of others' trustworthiness in a trust game are strongly correlated …A vast literature has investigated the relationship between trust and aggregate economic performance. We investigate …
Persistent link: https://www.econbiz.de/10008528520
This Paper discovers significant differences between southern and northern Europeans in a dynamic version of the ‘trust … game’ played by Ph.D. students from different nationalities at the European University Institute. Our version of the trust … payback for a transfer received), Southerners are being punished for their own low level of trust (i.e. having a low …
Persistent link: https://www.econbiz.de/10005067472
senders’ behaviour in the standard trust game, but only with his trustworthiness. By using a large sample of German households … with its trustworthiness. In this paper we resolve this puzzle by recognizing that trust has two components: a belief …Several papers study the effect of trust by using the answer to the World Values Survey (WVS) question “Generally …
Persistent link: https://www.econbiz.de/10005504794
questions in the context of a trust game by asking participants directly about their notions of cheating. We find that: i) both … parties to a trust exchange have implicit notions of what constitutes cheating even in a context without promises or messages …; ii) these notions are not unique - the vast majority of senders would feel cheated by a negative return on their trust …
Persistent link: https://www.econbiz.de/10011083918
one mechanism yielding these dual patterns: false consensus. In the context of a trust game experiment, we show that … trust beliefs after several rounds of game-play. Moreover, we show that one's own type/trustworthiness can be traced back to …Trust beliefs are heterogeneous across individuals and, at the same time, persistent across generations. We investigate …
Persistent link: https://www.econbiz.de/10011084116
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions--and particularly trust in banks, business and government--has declined … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in …
Persistent link: https://www.econbiz.de/10008925712
This paper aims to show that culture is an important determinant of the effectiveness of formal democratic institutions, such as elections. We collect new data to document the presence of voluntary and social organizations and the history of electoral reforms in Chinese villages. We use the...
Persistent link: https://www.econbiz.de/10011213313
(Putnam 1993), we model the intergenerational transmission of priors about the trustworthiness of others. We show that this … transmission tends to be biased toward excessively conservative priors. As a result, societies can be trapped in a low-trust … equilibrium. In this context, a temporary shock to the return to trusting can have a permanent effect on the level of trust. We …
Persistent link: https://www.econbiz.de/10005791467