"The role of trust in economic decisions"
Leiden University - Social and Organizational Psychology
Prof.dr. Eric van Dijk (Leiden University)
Dr. Erik de Kwaadsteniet (Leiden University)
Dr. Wilco van Dijk (Leiden University)
1 September 2014 - 1 September 2018
External sources: Stichting Utopa
Trust is an essential component of economic and social relations. Trust can be seen as the glue that binds us together. But what determines whether we trust others? Reciprocity seems to play an important role in the process. Building on the Trust Game, we will design experimental studies to investigate the connection of trust (and distrust) to the concept of reciprocity. How essential is reciprocity in the development of trust? More specifically, we aim to investigate to what extent trust depends on a close connection between persons, time, and place; all factors that are known to promote reciprocity. To increase the understanding of the role of reciprocity, we not only focus on the willingness to trust others; we also study reactions to trust and distrust.