Social capital and equilibrium selection in Stag Hunt games

Steven Bosworth

Journal of Economic Psychology, 2013, vol. 39, issue C, 11-20

Abstract: Surveys of trusting attitudes are found to correlate with growth and development outcomes. The question of why trust attitudes correlate with economic growth remains open however. I argue that trust surveys capture facets of social capital not previously investigated, namely, coordination. Hence a complete investigation of the relationship between trust attitudes in growth must encompass their predictive power in a coordination game. This study shows that affirmative responses to surveys of trust attitudes correlate with and predict efficiency-supporting behavior in a Stag Hunt game.

Keywords: Stag Hunt; Trust; Social capital (search for similar items in EconPapers)
JEL-codes: C9 D01 O57 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:joepsy:v:39:y:2013:i:c:p:11-20

DOI: 10.1016/j.joep.2013.06.004

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