Income inequality in the trust game |
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Authors: | Alexander Smith |
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Institution: | Department of Social Science and Policy Studies, Worcester Polytechnic Institute (WPI), 100 Institute Road, Worcester, MA 01609, United States |
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Abstract: | This paper presents an experiment measuring how lab-induced income inequality affects trust and trustworthiness. Low endowment subjects paired with high endowment subjects showed more trust than subjects in other pairs; this trust was reciprocated with high trustworthiness. |
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Keywords: | C91 D63 |
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