Trust and trustworthiness under information asymmetry and ambiguity Articles uri icon

authors

  • CLOTS FIGUERAS, IRMA
  • HERNAN GONZALEZ, ROBERTO
  • KUJAL, PRAVEEN

publication date

  • October 2016

start page

  • 168

end page

  • 170

volume

  • 147

International Standard Serial Number (ISSN)

  • 0165-1765

Electronic International Standard Serial Number (EISSN)

  • 1873-7374

abstract

  • We introduce uncertainty and ambiguity in the standard investment game. In the uncertainty treatment, investors are informed that the return of the investment is drawn from a publicly known distribution function. In the ambiguity treatment, investors are not informed about the distribution function. We find that both trust and trustworthiness are robust to the introduction of these changes. (C) 2016 The Authors. Published by Elsevier B.V.

subjects

  • Economics

keywords

  • investment game; uncertainty; ambiguity; trust; trustworthiness; reciprocity