Coleman's Hypothesis on trusting behaviour and a remark on meta-studies
Friedel Bolle and
Journal of Economic Methodology, 2006, vol. 13, issue 4, 469-483
Coleman (1990) describes 'calculative trust'. He states that, in order to trust, the value of trust has to be larger than the value of mistrust. So if subjects have (not personally but on average) rational expectations about the trustworthiness of their transaction partners, we should expect the frequency of trust to increase with the average net profitability of trust. In a meta-study of trust experiments, Coleman's Hypothesis could not be confirmed while, in our own experiment with a wider parameter range, it is supported. We explain this finding by the parameter choices of experimenters. They choose pay-off parameters resulting in situations where decisions are 'difficult', i.e. to make the alternatives 'trusting' and 'non-trusting' seem equally profitable. Thus, such experiments are concentrated on a specific subspace of parameters and are inadequate for certain meta-studies.
Keywords: trust; reciprocity; experimental economics; meta-studies; representative design; experimenter bias (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:taf:jecmet:v:13:y:2006:i:4:p:469-483
Ordering information: This journal article can be ordered from
Access Statistics for this article
Journal of Economic Methodology is currently edited by John Davis and D Wade Hands
More articles in Journal of Economic Methodology from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().