Journal
JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION
Volume 55, Issue 4, Pages 447-465Publisher
ELSEVIER
DOI: 10.1016/j.jebo.2003.11.003
Keywords
bargaining games; trust; risk aversion; laboratory experiments
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In a series of laboratory experiments that focus on a two-person sequential, binary trust game, we examine the relationship between risk attitudes and the decision to trust an anonymous partner. Our experiments include two behavioral risk measures and one survey measure of risk attitudes in addition to the trust game. We find no statistical relationship between the behavioral risk measures and the decision to trust. With additional control variables, there is a weak relationship between risk measured from the survey and the decision to trust. (C) 2004 Elsevier B.V. All rights reserved.
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