{"title":"Do Lucky People Reciprocate More? The Effect of Outcome Bias on Trustworthiness","authors":"P. A. Muchtar","doi":"10.1177/23210222241235045","DOIUrl":null,"url":null,"abstract":"This study investigates how reciprocity works in a simple trust game when the subjects are framed as either lucky or unlucky. We induce luckiness perception to the second mover by introducing uncertainty with a different combination of possible multipliers, allowing us to observe the effect of outcome bias on trustworthiness while controlling for the wealth effect. We do not find a significantly different level of trustworthiness between lucky second movers and unlucky second movers. The result suggests the null effect of outcome bias on reciprocal behaviour. JEL Classifications: C91, D01, D63, D91","PeriodicalId":37410,"journal":{"name":"Studies in Microeconomics","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2024-03-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Studies in Microeconomics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/23210222241235045","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 0
Abstract
This study investigates how reciprocity works in a simple trust game when the subjects are framed as either lucky or unlucky. We induce luckiness perception to the second mover by introducing uncertainty with a different combination of possible multipliers, allowing us to observe the effect of outcome bias on trustworthiness while controlling for the wealth effect. We do not find a significantly different level of trustworthiness between lucky second movers and unlucky second movers. The result suggests the null effect of outcome bias on reciprocal behaviour. JEL Classifications: C91, D01, D63, D91
Studies in MicroeconomicsEconomics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
1.40
自引率
0.00%
发文量
14
期刊介绍：
Studies in Microeconomics seeks high quality theoretical as well as applied (or empirical) research in all areas of microeconomics (broadly defined to include other avenues of decision science such as psychology, political science and organizational behavior). In particular, we encourage submissions in new areas of Microeconomics such as in the fields of Experimental economics and Behavioral Economics. All manuscripts will be subjected to a peer-review process. The intended audience of the journal are professional economists and young researchers with an interest and expertise in microeconomics and above. In addition to full-length articles MIC is interested in publishing and promoting shorter refereed articles (letters and notes) that are pertinent to the specialist in the field of Microeconomics (broadly defined). MIC will periodically publish special issues with themes of particular interest, including articles solicited from leading scholars as well as authoritative survey articles and meta-analysis on the themed topic. We will also publish book reviews related to microeconomics, and MIC encourages publishing articles from policy practitioners dealing with microeconomic issues that have policy relevance under the section Policy Analysis and Debate.
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