Arbeitspapier

The value of vulnerability: The transformative capacity of risky trust

The "grammar of trust" is one the most explored loci in game theory and behavioural economics. However, still much needs to be understood about the nature of trust in non-enforceable, personalised interactions, in markets and within organizations. This experimental study aims at contributing to the understanding of new dimensions of trust by exploring how risky and vulnerable trust may foster a trustee´s behavioural change. It investigates trustee´s positive reciprocity when the intentional vulnerability of the trustor is both manifestly salient and dependent upon the trustee´s revealed type. The results support the transformative nature of risky trust by showing the capacity of vulnerable trust to generate more fairness and reciprocity in untrustworthy people.

Sprache
Englisch

Erschienen in
Series: CeDEx Discussion Paper Series ; No. 2015-19

Klassifikation
Wirtschaft
Noncooperative Games
Design of Experiments: Laboratory, Group Behavior
Microeconomic Behavior: Underlying Principles
Thema
experiment
gift-exchange game
organization
trust
vulnerability

Ereignis
Geistige Schöpfung
(wer)
Bruni, Luigino
Tufano, Fabio
Ereignis
Veröffentlichung
(wer)
The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)
(wo)
Nottingham
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bruni, Luigino
  • Tufano, Fabio
  • The University of Nottingham, Centre for Decision Research and Experimental Economics (CeDEx)

Entstanden

  • 2015

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