Does Trust Mean Giving and not Risking? Experimental Evidence from the Trust Game

Alexis Garapin, Laurent Muller and Bilel Rahali

Revue d'économie politique, 2015, vol. 125, issue 5, 701-716

Abstract: We aim to investigate whether trust is mainly influenced by pro-social concerns or by risk-related issues. In a within-subjects framework, we elicit subjects? other regarding attitude as well as preference towards risk via respectively the ring test (Griesinger and Livingston [1973]) and the Holt and Laury test [2002]. These measures are then exploited in two different sorts of giving games: (i) a standard trust game, which ? by construction ? embodies a dimension of risk (i.e. the transfer-back from the receiver to the sender), and (ii) a (triple) dictator game in which the component of risk is removed. The measures of other regarding preferences and risk preferences were also used to explain the gaps of transfer due to strategic anticipation. The results show that giving behavior in trust game is driven by other regarding preferences and not by risk-related considerations. However, we find no significant correlation between the gaps of transfer and both social and risk preferences.

Keywords: triple dictator game; trust game; risk attitude; social preference; experiment (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=REDP_255_0701 (application/pdf)
http://www.cairn.info/revue-d-economie-politique-2015-5-page-701.htm (text/html)
free

Related works:
Working Paper: Does Trust Mean Giving and not Risking? Experimental Evidence from the Trust Game (2015)
Working Paper: Does trust mean giving and not risking? Experimental evidence from the trust game (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:repdal:redp_255_0701

Access Statistics for this article

More articles in Revue d'économie politique from Dalloz
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().