Are Trust and Reciprocity Related within Individuals?

Tamás Kovács () and Marc Willinger

The B.E. Journal of Theoretical Economics, 2013, vol. 13, issue 1, 249-270

Abstract: 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 the experimental data collected under the strategy method. 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 positive relation between trusting types and reciprocal types within subjects.

Keywords: trust; reciprocity; trustworthiness; experimental economics; social preferences (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1515/bejte-2012-0009

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