| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7372 |
| DP7372 A Simple Theory of Predation | |
| Massimo Motta; Chiara Fumagalli | |
| 发表日期 | 2009-07-19 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | This paper documents a strong positive relationship between individual reported trust levels (obtained from the US General Social Survey) and the competitiveness of the sector in which an individual works (obtained from the US census of firms). This correlation is robust to the inclusion of all of the previously studied determinants of individual trust, e.g., income, education, age, sex, marital status, city size, religion, and is large; a one standard deviation increase in sectoral competitiveness makes respondents approximately five percent more likely to answer the canonical trust question with a "usually trust" as opposed to a "usually don?t trust" response. The addition of a rich set of workplace controls shows that this correlation is not likely to be driven by the size of the workplace, the amount of supervision, or related to a congenial work culture. It also appears that it is not due to selection (i.e., trustworthy or trusting individuals selecting into competitive sectors) or risk aversion, but instead seems to be due to individuals becoming more trusting the longer their experience in competitive sectors. We conjecture that trust levels are high when workplaces are characterized by high contributions of discretionary effort, i.e., when co-workers are more likely to be trustworthy. We develop a model which shows that such discretionary efforts are more likely to arise when competition within a sector is high. Competition mitigates incentives for free-riding by imposing costly shut-down on poor performing firms, makes employees more trustworthy, and thus increases trust. The model generates a positive correlation between trust and sectoral competitiveness, displays a threshold effect, suggests a non-monotonic relationship between competition and job security, and predicts patterns for a number of other variables. The data displays a high degree of consistency with these predictions. |
| 主题 | Public Economics |
| 关键词 | Competition Trust Values |
| URL | https://cepr.org/publications/dp7372 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536209 |
| 推荐引用方式 GB/T 7714 | Massimo Motta,Chiara Fumagalli. DP7372 A Simple Theory of Predation. 2009. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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