Risk, trust, trustworthiness and social preferences: perspective from Kazakhstan

In this study we investigate risk, trust, trustworthiness and social preference tendencies in Kazakhstan. Additionally the employment of a one shot strategy method for 31 countries in simple incentivised economic experiments enables us to examine the trust, trustworthiness and social preference of s...

Full description

Bibliographic Details
Main Author: Zhagparova, Akerke
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2015
Online Access:https://eprints.nottingham.ac.uk/30005/
_version_ 1848793901591166976
author Zhagparova, Akerke
author_facet Zhagparova, Akerke
author_sort Zhagparova, Akerke
building Nottingham Research Data Repository
collection Online Access
description In this study we investigate risk, trust, trustworthiness and social preference tendencies in Kazakhstan. Additionally the employment of a one shot strategy method for 31 countries in simple incentivised economic experiments enables us to examine the trust, trustworthiness and social preference of subjects towards specific nations, including Kazakhstan. We find that individuals show very high risk aversion tendencies while no support is found for risk seeking preferences. The trust game reveals that Kazakhstan and wealthier countries are trusted more and perceived to be more trustworthy than poorer countries. Moreover, we claim that geographical distance and language dissimilarities may not necessarily be obstacles to exhibiting trust and trustworthiness if bilateral trade relations are established and ties between diverse ethnicities are developed through their presence in Kazakhstan. The social preference game (or equality/matrix game) reveals that subjects tend to show higher egalitarian and selfish preferences than altruistic preferences.
first_indexed 2025-11-14T19:07:40Z
format Dissertation (University of Nottingham only)
id nottingham-30005
institution University of Nottingham Malaysia Campus
institution_category Local University
language English
last_indexed 2025-11-14T19:07:40Z
publishDate 2015
recordtype eprints
repository_type Digital Repository
spelling nottingham-300052017-10-19T14:50:42Z https://eprints.nottingham.ac.uk/30005/ Risk, trust, trustworthiness and social preferences: perspective from Kazakhstan Zhagparova, Akerke In this study we investigate risk, trust, trustworthiness and social preference tendencies in Kazakhstan. Additionally the employment of a one shot strategy method for 31 countries in simple incentivised economic experiments enables us to examine the trust, trustworthiness and social preference of subjects towards specific nations, including Kazakhstan. We find that individuals show very high risk aversion tendencies while no support is found for risk seeking preferences. The trust game reveals that Kazakhstan and wealthier countries are trusted more and perceived to be more trustworthy than poorer countries. Moreover, we claim that geographical distance and language dissimilarities may not necessarily be obstacles to exhibiting trust and trustworthiness if bilateral trade relations are established and ties between diverse ethnicities are developed through their presence in Kazakhstan. The social preference game (or equality/matrix game) reveals that subjects tend to show higher egalitarian and selfish preferences than altruistic preferences. 2015-09 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/30005/1/zhagparova.a..2015.pdf Zhagparova, Akerke (2015) Risk, trust, trustworthiness and social preferences: perspective from Kazakhstan. [Dissertation (University of Nottingham only)]
spellingShingle Zhagparova, Akerke
Risk, trust, trustworthiness and social preferences: perspective from Kazakhstan
title Risk, trust, trustworthiness and social preferences: perspective from Kazakhstan
title_full Risk, trust, trustworthiness and social preferences: perspective from Kazakhstan
title_fullStr Risk, trust, trustworthiness and social preferences: perspective from Kazakhstan
title_full_unstemmed Risk, trust, trustworthiness and social preferences: perspective from Kazakhstan
title_short Risk, trust, trustworthiness and social preferences: perspective from Kazakhstan
title_sort risk, trust, trustworthiness and social preferences: perspective from kazakhstan
url https://eprints.nottingham.ac.uk/30005/