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 (US) |
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Pages (from-to) | 89-91 |
Number of pages | 3 |
Journal | Economics Letters |
Volume | 104 |
Issue number | 2 |
DOIs | |
State | Published - Aug 2009 |
Keywords
- Guilt aversion
- Reciprocity
- Trust
- Trustworthiness
ASJC Scopus subject areas
- Finance
- Economics and Econometrics