Trust, Trustworthiness, and Age: Experimental Evidence
Lukas Moritz () and
Nöth Markus ()
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Lukas Moritz: Chair of Banking and Behavioral Finance, University of Hamburg, Moorweidenstraße 18, 20148 Hamburg, Germany
Nöth Markus: Chair of Banking and Behavioral Finance, University of Hamburg, Moorweidenstraße 18, 20148 Hamburg, Germany
Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2021, vol. 241, issue 4, 419-436
Abstract:
Based on an incentivized non-anonymous trust game with 230 elementary school pupils aged between 6 and 11 years, we investigate the development of trust and trustworthiness across age groups. Trust increases with age, thereby increasing the profits of both the trustor and the trustee. The trustee keeps most of the profits. These results replicate the findings of Sutter and Kocher (2007) in that trust increases with age and trustworthiness exists in all age groups that are examined in our study; however, the amounts transferred between subjects in our experiment are substantially higher, a result which is likely to be driven by the non-anonymity in our setting.
Keywords: trust; trustworthiness; age; experiment (search for similar items in EconPapers)
JEL-codes: C72 C91 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:241:y:2021:i:4:p:419-436:n:2
DOI: 10.1515/jbnst-2020-0012
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