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dc.contributor.authorBejarano, Hernán
dc.contributor.authorRodríguez Lara, Ismael
dc.identifier.citationPublished version: Hernán Bejarano, Joris Gillet, Ismael Rodriguez-Lara, Trust and trustworthiness after negative random shocks, Journal of Economic Psychology, Volume 86, 2021, 102422, ISSN 0167-4870, []es_ES
dc.description.abstractWe investigate experimentally the effect of a negative endowment shock in a trust game to assess whether different causes of inequality have different effects on trust and trustworthiness. In our trust game there may be inequality in favor of the second mover and this may (or may not) be the result of a negative random shock (i.e., the outcome of a die roll) that decreases the endowment of the first-mover. Our findings suggest that inequality leads to differences in behavior. First-movers send more of their endowment and second-movers return more when there is inequality. However, we do not find support for the hypothesis that the cause of the inequality matters. Behavior after the occurrence of a random shock is not significantly different from the behavior when the inequality exists from the outset. Our results highlight that we have to be cautious when interpreting the effects on trust and trustworthiness of negative random shocks that occur in the field (e.g., natural disasters). Our results suggest that these effects are largely driven by the inequality caused by the shock and not by any of the additional characteristics of the shock like saliency or uncertainty.es_ES
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España*
dc.subjectTrust gamees_ES
dc.subjectEndowment heterogeneityes_ES
dc.subjectRandom shockses_ES
dc.subjectInequality aversiones_ES
dc.subjectExperimental economicses_ES
dc.titleTrust and trustworthiness after negative random shockses_ES

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Atribución-NoComercial-SinDerivadas 3.0 España
Except where otherwise noted, this item's license is described as Atribución-NoComercial-SinDerivadas 3.0 España