Traditional trust measurement and the risk confound: An experiment in rural Paraguay

被引:166
作者
Schechter, Laura [1 ]
机构
[1] Univ Wisconsin, Dept Agr & Appl Econ, Madison, WI 53706 USA
关键词
trust; risk aversion; experiment; Paraguay; gender; PREFERENCES;
D O I
10.1016/j.jebo.2005.03.006
中图分类号
F [经济];
学科分类号
02 ;
摘要
Play in the traditional trust experiment depends both on trust beliefs and on levels of risk aversion. We ran two experiments with a diverse set of subjects in 15 villages of rural Paraguay, the traditional trust experiment and a new experiment measuring only risk aversion. We find that risk attitudes are highly predictive of play in the trust game. In addition, omitting risk aversion as a regressor in trust regressions significantly changes the coefficients of important explanatory variables such as gender and wealth. (c) 2005 Elsevier B.V. All rights reserved.
引用
收藏
页码:272 / 292
页数:21
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