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To What Extent Do Latin Americans Trust, Reciprocate, and Cooperate? Evidence from Experiments in Six Latin American Countries

Juan-Camilo Cardenas (), Alberto Chong () and Hugo Ñopo ()

Economía Journal, 2009, vol. Volume 9 Number 2, issue Spring 2009, 45-94

Abstract: This paper explores the extent to which individuals trust, reciprocate, cooperate, and pool risk. We use a battery of field experiments containing the trust game, the voluntary contribution mechanism, and the risk-pooling game, which we apply in six capital cities in Latin America. A salient feature of the paper is that the data is representative of the population from the six cities: Bogotá, Buenos Aires, Caracas, Montevideo, Lima, and San José. The results support three findings: the propensity to trust and cooperate among Latin Americans is, on average, remarkably similar to that found in other regions of the world; expectations about the behavior of other players are the main driver of trust, reciprocity. and cooperation; and the behaviors associated with socialization, trust, and cooperation are strongly linked among them.

Keywords: trust; cooperation; Reciprocity; social interaction; Latin America (search for similar items in EconPapers)
JEL-codes: D71 C92 C71 (search for similar items in EconPapers)
Date: 2009
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