Trust and Reciprocity

Gary Charness & Valentin Shmidov

Foundations and Trends in Microeconomics2014https://doi.org/10.1561/0700000065book
ABDC C
Weight
0.26

What the paper says

This survey explores the contributions of behavioral economics, laboratory experiments, and field experiments to our understanding of the economics of trust, trustworthiness, and reciprocal behavior. A general summary presenting the evolution of trust and reciprocity, departing from pure self-interest in the understanding of "homo economicus", begins the discussion. Next, an exploration of the games and academic contributions that isolate preferences (including social preferences, altruism, inequality aversion, and guilt aversion) from pledges of trust and from reciprocal behavior provides a foundation for behavior that is often misidentified as trust or conditional upon the actions of another. The survey concludes with a summary of theory and experiments that have identified trust and reciprocity in economics and human behavior.

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https://doi.org/https://doi.org/10.1561/0700000065

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@article{gary2014,
  title        = {{Trust and Reciprocity}},
  author       = {Gary Charness & Valentin Shmidov},
  journal      = {Foundations and Trends in Microeconomics},
  year         = {2014},
  doi          = {https://doi.org/https://doi.org/10.1561/0700000065},
}

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Evidence weight

0.26

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.00 × 0.4 = 0.00
M · momentum0.20 × 0.15 = 0.03
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.