EconPapers    
Economics at your fingertips  
 

Aversions to trust

Anne Corcos (), François Pannequin and Sacha Bourgeois-Gironde
Additional contact information
Anne Corcos: LEM - Laboratoire d'Économie Moderne - UP2 - Université Panthéon-Assas

Post-Print from HAL

Abstract: In this article, we focus on two types of "aversion" which we deem essential aspects of the notion of trust: betrayal aversion (social) and ambiguity aversion (a special case of aversion to uncertainty). Based on trust-games studies in experimental economics and neuroeconomics, our main goal is to assess the conceptual, behavioral and neurobiological connections between betrayal and ambiguity aversions. From a social and individual psychological point of view the bottom line of our trusting behavior could be our general aversion to ambiguous signals. We approach social trust in the terms of a phenomenon based on uncertainty aversion.Specifically, a reduction of the perceived uncertainty of a social interaction tends to build up a trusting climate conducive to trade by decreasing betrayal aversion.We hypothesize that betrayal aversion and ambiguity aversion bear such a negative correlation. Focusing on this potential negative correlation our approach clearly differs from more positive accounts of trust centred on altruism.

Keywords: trust game; betrayal aversion; ambiguity aversion; neuroeconomics (search for similar items in EconPapers)
Date: 2012-11-25
New Economics Papers: this item is included in nep-evo, nep-exp, nep-gth, nep-hpe, nep-mic, nep-soc and nep-upt
Note: View the original document on HAL open archive server: https://hal.science/ijn_00734564
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Recherches Economiques de Louvain - Louvain economic review, 2012, 78 (3/4), pp.152-173

Downloads: (external link)
https://hal.science/ijn_00734564/document (application/pdf)

Related works:
Journal Article: Aversions to Trust (2012) Downloads
Working Paper: Aversions to Trust (2012) Downloads
Working Paper: Aversions to trust (2012) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:ijn_00734564

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2024-04-22
Handle: RePEc:hal:journl:ijn_00734564