The effects of personality, risk and other-regarding attitudes on trust and reciprocity

Gerardo Sabater-Grande, Aurora García-Gallego, Nikolaos Georgantzís () and Noemí Herranz-Zarzoso

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2022, vol. 96, issue C

Abstract: This paper reports experimental results on the determinants of trust and reciprocity in the context of a genuinely sequential, binary Trust Game. Apart from behavior in the main experiment, subjects’ risk attitudes and inequality aversion are elicited, as well as the traits of neuroticism and agreeableness, captured through the five-factor model. The findings suggest that trustors’ (first movers) behavior is affected by their loss aversion, while trustees’ (second movers) reciprocal behavior is not explained by any of their other-regarding attitudes, but, rather, by their agreeableness.

Keywords: Behavioral economics; Inequality attitude; Risk attitude; Trust; Personality (search for similar items in EconPapers)
JEL-codes: C9 D91 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:96:y:2022:i:c:s2214804321001373

DOI: 10.1016/j.socec.2021.101797

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