2022
DOI: 10.1016/j.ins.2022.07.073
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Conditional investment strategy in evolutionary trust games with repeated group interactions

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Cited by 24 publications
(7 citation statements)
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“…The lowest levels of trust toward strangers were reported for Ecuador [7.8%], Albania [8.7%], and Peru [9.0%]. Some authors suggest that the explanation for the observed population differences may be rooted in different socio-environmental factors, which moderate trusting attitudes through social learning and everyday experiences ( Kwantes and Kuo, 2021 ; Liu and Chen, 2022 ). The correspondence between the level of trust in the anonymous version of our Trust Game [70%] and the outcome of the WVS for Netherlands [71.6%] is more than a coincidence: a study across 35 countries (involving more than 23,000 subjects) revealed that the level of trust per country as measured in anonymous one-shot Trust Games aligned well with the level of trust as measured by the WVS.…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…The lowest levels of trust toward strangers were reported for Ecuador [7.8%], Albania [8.7%], and Peru [9.0%]. Some authors suggest that the explanation for the observed population differences may be rooted in different socio-environmental factors, which moderate trusting attitudes through social learning and everyday experiences ( Kwantes and Kuo, 2021 ; Liu and Chen, 2022 ). The correspondence between the level of trust in the anonymous version of our Trust Game [70%] and the outcome of the WVS for Netherlands [71.6%] is more than a coincidence: a study across 35 countries (involving more than 23,000 subjects) revealed that the level of trust per country as measured in anonymous one-shot Trust Games aligned well with the level of trust as measured by the WVS.…”
Section: Discussionmentioning
confidence: 99%
“…Trust as a phenomenon is being studied in various disciplines, including the social sciences, psychology, and economics ( Bateson, 1988 ; Hardin, 2002 ; Uslaner, 2018 ; Kumar et al, 2020 ; Liu and Chen, 2022 ). The definitions of trust vary from field to field.…”
Section: Introductionmentioning
confidence: 99%
“…Otherwise, the probability that action i replaces action j is P jfalse→i=1(1+e(ΠiΠ j)/κ),where ijfalsefalse{C,D,Lfalsefalse}, and κ −1 > 0 represents the imitation strength, indicating the degree to which players base their decisions on comparing payoffs [33]. This concept is similar to the widely used notion of selection strength in the literature on finite populations [3436], which emphasizes the crucial role of selection strength in determining the evolutionary outcomes. For the sake of simplicity, we adopt a fixed value of κ = 0.1 throughout the main text.…”
Section: Modelmentioning
confidence: 99%
“…In the field of sociology, previous research focused on explaining what trust is, the types or targets of trust, the functions of trust, the foundations of trust, the mechanism of creating or destroying trust, the origins, determinants and outcomes of trust and social capital (e.g., Fukuyama, 1995 ; Putnam, 1995 ; Sztompka, 2003 ). Researchers in psychology and social psychology have investigated whether trust is an individual disposition or a psychological state to accept vulnerability based on expectations of the behavior of others, whether trust is a personality trait and how trust judgements are made and its dynamics using game theories (e.g., Rousseau et al, 1998 ; Evans and Revelle, 2008 ; Freitag and Bauer, 2016 ; Liu and Chen, 2022 ). Meanwhile, studies from economics, management and political sciences have focused on institutional trust reflecting the functioning of the overall political legal and economic framework as well as its informal institutions and tries to answer what generates trust in a state/ institution/ organization or what a trustworthy state/institution/organization represents (e.g., Hardin, 2002 ; Warren, 2004 ; Welter and Smallbone, 2006 ).…”
Section: Literature Review and Hypotheses Developmentmentioning
confidence: 99%