Abstract
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.
Original language | English |
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Pages (from-to) | 89-91 |
Journal | Economics Letters |
Volume | 104 |
Issue number | 2 |
DOIs | |
Publication status | Published - 2009 |
Externally published | Yes |
Keywords
- trust
- Trustworthiness
- Reciprocity
- Guilt aversion