全球智库信息集成服务系统(G2TT): The Right Amount of Trust

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	The Right Amount of Trust
	Jeffrey Butler; Paola Giuliano; Luigi Guiso
发表日期	2010
出处	Economy and Society
出版年	2010
语种	英语
摘要	We investigate the relationship between individual trust and individual economic performance. We find that individual income is hump-shaped in a measure of intensity of trust beliefs. Heterogeneity of trust beliefs in the population, coupled with the tendency of individuals to extrapolate beliefs about others from their own levels of trustworthiness, could generate this non-monotonic relationship: highly trustworthy individuals tend to form overly optimistic beliefs, to assume too much social risk and to be cheated more often, ultimately performing less well than those with a belief close to the mean trustworthiness of the population. On the other hand, less trustworthy individuals form overly pessimistic beliefs and avoid being cheated, but give up profitable opportunities, therefore underperforming. The cost of either too much or too little trust is comparable to the income lost by foregoing college. Our findings in large-scale survey data are supported and extended with experimental findings. We show that in the trust game, own trustworthiness and beliefs about others’ trustworthiness are strongly correlated and persistent and that patterns in earnings lost due to incorrect beliefs are comparable to those in the survey data.
特色分类	A1;A12;D1;O15;Z1
关键词	Trust Trustworthiness Economic Performance Culture False Consensus
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-right-amount-of-trust/
来源智库	Fondazione Eni Enrico Mattei (Italy)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/117842
推荐引用方式 GB/T 7714	Jeffrey Butler,Paola Giuliano,Luigi Guiso. The Right Amount of Trust. 2010.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
20105111048381Nota_d（71KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
20105111048574NDL201（1690KB）	智库出版物		限制开放	CC BY-NC-SA	浏览