Trust and trustworthiness in a sequential bargaining game

We use a two‐person extensive form bargaining game to explore individuals' trusting and reciprocal behavior and how those relate to their scores on a trust survey. In keeping with prior research, we find that the ‘self‐interested’ outcome is rejected by a majority of individuals. People who sco...

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Veröffentlicht in:Journal of behavioral decision making 2003-12, Vol.16 (5), p.331-340
Hauptverfasser: Chaudhuri, Ananish, Ali Khan, Sarah, Lakshmiratan, Aishwarya, Py, Anne-Laure, Shah, Lisa
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container_end_page 340
container_issue 5
container_start_page 331
container_title Journal of behavioral decision making
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creator Chaudhuri, Ananish
Ali Khan, Sarah
Lakshmiratan, Aishwarya
Py, Anne-Laure
Shah, Lisa
description We use a two‐person extensive form bargaining game to explore individuals' trusting and reciprocal behavior and how those relate to their scores on a trust survey. In keeping with prior research, we find that the ‘self‐interested’ outcome is rejected by a majority of individuals. People who score high on the trust survey are both trusting and are also trustworthy, in that they reciprocate others' trust. But people with low‐trust scores often exhibit trust but are not trustworthy. These ‘inconsistent trusters’ seem to be interested in exploiting the trust and trustworthiness of others in increasing their own payoff. Copyright © 2003 John Wiley & Sons, Ltd.
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source Wiley Online Library Journals Frontfile Complete; Business Source Complete
subjects Bargaining
Behavior
Cooperation
Decision making
Economics
Game theory
Reciprocity
sequential game
social values orientation
Studies
Trust
title Trust and trustworthiness in a sequential bargaining game
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