Loading...
Thumbnail Image
Item

What is Trustworthiness and What Drives It?

Cox, James
Kerschbamer, Rudolf
Neururer, Daniel
Citations
Altmetric:
Abstract

This paper experimentally isolates the impact of various combinations of the following motives on trustworthiness: (i) unconditional other-regarding preferences; (ii) vulnerability-responsiveness; (iii) deal-responsiveness; and (iv) gift-responsiveness. Our results indicate that – besides unconditional other-regarding preferences like altruism and inequality aversion – vulnerability-responsiveness is the most important driver for trustworthiness. Prompted by our experimental findings we provide behavioral definitions of trust, trustworthiness, and trust-responsiveness based on revealed willingness to accept vulnerability and the response to it. An important difference from existing definitions is that ours allow trust to be present without generosity.

Comments
To learn more about the Andrew Young School of Policy Studies and ExCEN Working Papers Series, visit https://aysps.gsu.edu/ and http://excen.gsu.edu/center/.
Description
Date
2016-03-01
Journal Title
Journal ISSN
Volume Title
Publisher
Research Projects
Organizational Units
Journal Issue
Keywords
Trustworthiness, trust, trust game, investment game, vulnerabilityresponsiveness, deal-responsiveness, gift-responsiveness, generosity, reciprocity
Citation
Embargo Lift Date
DOI
Embedded videos