We show that the standard trust question routinely used in social capital research is importantly related to … others cooperation. We find that the standard trust question is a proxy for cooperation preferences rather than beliefs about … others cooperation. Moreover, we show that the fairness question , a recently proposed alternative to the standard trust …

, and whether this is anticipated by outsiders. We develop a simple model of bayesian learning in trust games and test the … derived hypotheses in a controlled laboratory environment. In the experiment, two trustees sequentially play a trust game with …