Aversions to trust

Abstract : In this article, we focus on two types of "aversion" which we deem essential aspects of the notion of trust: betrayal aversion (social) and ambiguity aversion (a special case of aversion to uncertainty). Based on trust-games studies in experimental economics and neuroeconomics, our main goal is to assess the conceptual, behavioral and neurobiological connections between betrayal and ambiguity aversions. From a social and individual psychological point of view the bottom line of our trusting behavior could be our general aversion to ambiguous signals. We approach social trust in the terms of a phenomenon based on uncertainty aversion.Specifically, a reduction of the perceived uncertainty of a social interaction tends to build up a trusting climate conducive to trade by decreasing betrayal aversion.We hypothesize that betrayal aversion and ambiguity aversion bear such a negative correlation. Focusing on this potential negative correlation our approach clearly differs from more positive accounts of trust centred on altruism.
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Article dans une revue
Recherches Economiques de Louvain - Louvain economic review, De Boeck Université, 2012, 78 (3/4), pp.152-173
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Contributeur : Sacha Bourgeois-Gironde <>
Soumis le : dimanche 23 septembre 2012 - 17:16:57
Dernière modification le : jeudi 11 janvier 2018 - 06:19:08
Document(s) archivé(s) le : lundi 24 décembre 2012 - 03:49:52

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Anne Corcos François Pannequin, Sacha Bourgeois-Gironde. Aversions to trust. Recherches Economiques de Louvain - Louvain economic review, De Boeck Université, 2012, 78 (3/4), pp.152-173. 〈ijn_00734564〉

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