Is mistrust self-fulfilling?
We study experimentally the effect of expectations on whether trust is repaid. Subjects respond with untrustworthy behavior if they see that little is expected of them. This suggests that guilt aversion plays an important role in the repayment of trust.
| Year of publication: |
2009
|
|---|---|
| Authors: | Reuben, Ernesto ; Sapienza, Paola ; Zingales, Luigi |
| Published in: |
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 104.2009, 2, p. 89-91
|
| Publisher: |
Elsevier |
| Subject: | Trust Trustworthiness Reciprocity Guilt aversion |
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