Trustworthiness and Economic Performance

Breuer, Janice Boucher; McDermott, John

doi:10.2139/ssrn.1314844

Cited by 6 publications

(4 citation statements)

References 46 publications

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“…Indeed, the political theorist Russell Hardin has persuasively argued towards similar conclusions in his insightful book, Trust and Trustworthiness (Hardin, 2004). Moreover, a recent paper by Breuer and McDermott (2009) further corroborates this account. Building upon an extensive analysis of WVS and GDP data, and supported by a clear theoretical model of trust, these authors ultimately conclude 'trustworthiness is more basic, and more important, than trust.'…”

Section: Discussionsupporting

confidence: 65%

Demystifying trust: Experimental evidence from Cambodia and Thailand

English

2011

Journal of Theoretical Politics

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We report the results of a trust survey and public goods experiment conducted with high school students in rural Thailand and Cambodia that together help clarify the dynamics at work in sustaining economic cooperation within these two third-world communities. We find that standard survey measures of trust employed by the World Values Survey, which form the basis of most macro-empirical investigations of trust and political-economic development, are not useful for predicting contributions to a public goods game. Expectations, on the other hand, profoundly influence contributions and do so independently of trust levels. However, this influence is complex and depends on the distribution of player types. We observe a distribution similar to previous studies, with the largest group, principled reciprocators, updating their behavior quickly based on expectations of trustworthiness. Indeed, this study suggests that trustworthiness in particular is more important than trust in general and further challenges ‘a-rational’ theories of trust.

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Section: Discussionsupporting

confidence: 65%

Demystifying trust: Experimental evidence from Cambodia and Thailand

English

2011

Journal of Theoretical Politics

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“…Our paper connects to the larger body of literature on trust and reciprocity that study its determinants (e.g. Ben-ner and Halldorsson, 2010;Castelfranchi, 2008;Cox, 2004;Sapienza et al, 2013) as well as its impacts on economics outcomes (Bjørnskov, 2009;Breuer and McDermott, 2009;Horvath, 2013). Much of the experimental literature on these topics follows from the seminal paper on the investment/trust game (Berg et al, 1995), as does ours.…”

Section: Related Literaturementioning

confidence: 58%

Directed trust and trustworthiness in a social network: An experimental investigation

Riyanto

Yeo

2018

Journal of Economic Behavior & Organization

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“…People choose whether to act on trust based on perceived legitimacy; thus, trust does not just emerge out of thin air. Breuer and McDermott (2010) argue that trustworthiness is more important than trust for the success of public policy and sustainable long-term economic growth. In part because trustworthiness supports trust.…”

Section: Discussionmentioning

confidence: 99%

Visual analysis of trustworthiness studies: based on the Web of Science database

Zhang,

Deng,

Wang

et al. 2024

Front. Psychol.

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Trustworthiness is the most significant predictor of trust and has a significant impact on people’s levels of trust. Most trustworthiness–related research is empirical, and while it has a long history, it is challenging for academics to get insights that are applicable to their fields of study and to successfully transfer fragmented results into practice. In order to grasp their dynamic development processes through the mapping of network knowledge graphs, this paper is based on the Web of Science database and uses CiteSpace (6.2.R4) software to compile and visualize the 1,463 publications on trustworthy studies over the past 10 years. This paper aims to provide valuable references to theoretical research and the practice of Trustworthiness. The findings demonstrate that: over the past 10 years, trustworthiness-related research has generally increased in volume; trustworthiness research is concentrated in industrialized Europe and America, with American research findings having a bigger global impact; The University of California System, Harvard University, and Yale University are among the high-production institutions; the leading figures are represented by Alexander Todorov, Marco Brambilla, Bastian Jaeger, and others; the core authors are distinguished university scholars; however, the level of cooperation of the core author needs to be improved. The primary journal for publishing research on trustworthiness is the Journal of Personality and Social Psychology and Biology Letters. In addition, the study focuses on three distinct domains, involving social perception, facial clues, and artificial intelligence.

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Trustworthiness and Economic Performance

Cited by 6 publications

References 46 publications

Demystifying trust: Experimental evidence from Cambodia and Thailand

Demystifying trust: Experimental evidence from Cambodia and Thailand

Directed trust and trustworthiness in a social network: An experimental investigation

Visual analysis of trustworthiness studies: based on the Web of Science database

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