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Collective Trust Behavior

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  • Håkan J. Holm
  • Paul Nystedt

Abstract

This paper investigates trust behavior in situations where decision‐makers are large groups and the decision mechanism is collective. Theories from behavioral economics and psychology suggest that trust in such situations may differ from interindividual trust. The experimental results here reveal a large difference in trust but not in trustworthiness between the individual and collective setting. Furthermore, a field experiment captures the determinants of collective trust behavior among two Swedish cohorts. Beliefs about the other group and one's own group are strongly associated with collective trustworthiness and trust behavior.

Suggested Citation

  • Håkan J. Holm & Paul Nystedt, 2010. "Collective Trust Behavior," Scandinavian Journal of Economics, Wiley Blackwell, vol. 112(1), pages 25-53, March.
    • Handle: RePEc:bla:scandj:v:112:y:2010:i:1:p:25-53
    DOI: 10.1111/j.1467-9442.2009.01593.x
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    Cited by:

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    2. Barinas-Forero, Andres, 2024. "Why should my group trust yours? Collective trust and trustworthiness under Economic Shocks," Documentos CEDE 21170, Universidad de los Andes, Facultad de Economía, CEDE.
    3. María Alejandra Chávez Báez, 2021. "The legacy of violence: building or destroying trust? Evidence from Colombia's La Violencia," Documentos CEDE 19558, Universidad de los Andes, Facultad de Economía, CEDE.

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    More about this item

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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