{"title":"Attractiveness, Trust and Trustworthiness: An Experimental Study","authors":"K. Ch’ng","doi":"10.22452/MJES.VOL58NO1.3","DOIUrl":null,"url":null,"abstract":"Trust and reciprocating trust are two vital elements in any interpersonal relation. In a situation when there is no reputational information, people have been found to rely on physical cues, such as gender, race, attractiveness, facial expression and others to deduce trustworthiness of other parties. The present paper investigated this stereotype in a trust game by incorporating facial attractiveness. What we were interested in was the impact of attractiveness on trustors’ trust on trustees and trustworthiness of the trustees. The main contribution of the paper is that it investigated the associations using a five-person trust game and allowed the trustors to evaluate the attractiveness of the trustee. The design allowed us to establish the causal association between individuals’ perception on attractiveness and transfer more directly. The results showed male trustors ranked the same female trustees higher than female trustors in terms of attractiveness, and this was translated to higher transferred amount from male trustors to the trustees. Additionally, we find male trustors transferred significantly larger amount to more attractive female trustees than less attractive trustees, but there was no such difference among female trustors. However, the kindness extended by the male trustors to the more attractive female trustees were not reciprocated by the trustees. The trustworthiness as measured by the amount transferred back by trustees was not significantly different between less and more attractive trustees. The results highlighted systematic bias in decision making when prior information about the partners was not available.","PeriodicalId":42743,"journal":{"name":"Malaysian Journal of Economic Studies","volume":null,"pages":null},"PeriodicalIF":0.5000,"publicationDate":"2021-06-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Malaysian Journal of Economic Studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.22452/MJES.VOL58NO1.3","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 1
Abstract
Trust and reciprocating trust are two vital elements in any interpersonal relation. In a situation when there is no reputational information, people have been found to rely on physical cues, such as gender, race, attractiveness, facial expression and others to deduce trustworthiness of other parties. The present paper investigated this stereotype in a trust game by incorporating facial attractiveness. What we were interested in was the impact of attractiveness on trustors’ trust on trustees and trustworthiness of the trustees. The main contribution of the paper is that it investigated the associations using a five-person trust game and allowed the trustors to evaluate the attractiveness of the trustee. The design allowed us to establish the causal association between individuals’ perception on attractiveness and transfer more directly. The results showed male trustors ranked the same female trustees higher than female trustors in terms of attractiveness, and this was translated to higher transferred amount from male trustors to the trustees. Additionally, we find male trustors transferred significantly larger amount to more attractive female trustees than less attractive trustees, but there was no such difference among female trustors. However, the kindness extended by the male trustors to the more attractive female trustees were not reciprocated by the trustees. The trustworthiness as measured by the amount transferred back by trustees was not significantly different between less and more attractive trustees. The results highlighted systematic bias in decision making when prior information about the partners was not available.
期刊介绍:
The primary purpose of the journal is to promote publications of original research related to the Malaysian economy. It is also designed to serve as an outlet for studies on the South-east Asian countries and the Asian region. The journal also considers high-quality works related to other regions that provide relevant policy lessons to Malaysia. The journal is receptive to papers in all areas of economics. We encourage specifically contributions on all range of economic topics of an applied or policy nature. At the same time, submissions of methodological or theoretical studies with results that are of practical use are welcome. Works that are interdisciplinary will be considered provided that they contain substantial economic contents.