To Trust, or Not to Trust: Cognitive Reflection in Trust Games
Journal of Behavioral and Experimental Economics, Forthcoming
26 Pages Posted: 4 Oct 2015
Date Written: October 1, 2015
We present results from two studies that show a positive relation between cognitive reflection and trusting behavior, but no significant relation with trustworthy behavior. Our finding holds regardless of individual distributional social preferences and risk aversion. Our results add to a growing body of literature that illustrates the role of cognitive ability in helping explain outcomes in economic experiments.
Keywords: cognitive reflection, trust, trustworthiness, social preferences, betrayal aversion
JEL Classification: C92, D31, D81
Suggested Citation: Suggested Citation