Do negative random shocks affect trust and trustworthiness?
Article
Bejarano, H., Gillet, J. and Rodriguez-Lara, I. 2018. Do negative random shocks affect trust and trustworthiness? Southern Economic Journal. 85 (2), pp. 563-579. https://doi.org/10.1002/soej.12302
Type | Article |
---|---|
Title | Do negative random shocks affect trust and trustworthiness? |
Authors | Bejarano, H., Gillet, J. and Rodriguez-Lara, I. |
Abstract | We report data from a variation of the trust game aimed at determining whether (and how) inequality and random shocks that affect wealth influence the levels of trust and trustworthiness. To tease apart the effect of the shock and the inequality, we compare behavior in a trust game where the inequality is initially given and one where it is the result of a random shock that reduces the second mover’s endowment. We find that first-movers send less to second-movers but only when the inequality results from a random shock. As for the amount returned, second-movers return less when they are endowed less than first-movers, regardless of whether the difference in endowments was initially given or occurred after a random shock. |
Publisher | Wiley |
Journal | Southern Economic Journal |
ISSN | 0038-4038 |
Electronic | 2325-8012 |
Publication dates | |
Online | 12 Oct 2018 |
14 Nov 2018 | |
Publication process dates | |
Deposited | 03 Jul 2018 |
Submitted | 01 Jul 2017 |
Accepted | 01 Jul 2018 |
Output status | Published |
Accepted author manuscript | |
Copyright Statement | This is the peer reviewed version of the following article: Bejarano, H. , Gillet, J. and Rodriguez‐Lara, I. (2018), Do Negative Random Shocks Affect Trust and Trustworthiness?. Southern Economic Journal, 85: 563-579. doi:10.1002/soej.12302, which has been published in final form at https://doi.org/10.1002/soej.12302. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving. |
Digital Object Identifier (DOI) | https://doi.org/10.1002/soej.12302 |
Web of Science identifier | WOS:000450032400012 |
Language | English |
https://repository.mdx.ac.uk/item/87v53
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