Trust and trustworthiness under information asymmetry and ambiguity

We introduce uncertainty and ambiguity in the standard investment game. In the uncertainty treatment, investors are informed that the return of the investment is drawn from a publicly known distribution function. In the ambiguity treatment, investors are not informed about the distribution function....

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Main Authors: Clot-Figueras, Irma, Hernan-Gonzalez, Roberto, Kujal, Praveen
Format: Article
Published: Elsevier 2016
Subjects:
Online Access:https://eprints.nottingham.ac.uk/40433/
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author Clot-Figueras, Irma
Hernan-Gonzalez, Roberto
Kujal, Praveen
author_facet Clot-Figueras, Irma
Hernan-Gonzalez, Roberto
Kujal, Praveen
author_sort Clot-Figueras, Irma
building Nottingham Research Data Repository
collection Online Access
description We introduce uncertainty and ambiguity in the standard investment game. In the uncertainty treatment, investors are informed that the return of the investment is drawn from a publicly known distribution function. In the ambiguity treatment, investors are not informed about the distribution function. We find that both trust and trustworthiness are robust to the introduction of these changes.
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publishDate 2016
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spelling nottingham-404332020-05-04T18:14:30Z https://eprints.nottingham.ac.uk/40433/ Trust and trustworthiness under information asymmetry and ambiguity Clot-Figueras, Irma Hernan-Gonzalez, Roberto Kujal, Praveen We introduce uncertainty and ambiguity in the standard investment game. In the uncertainty treatment, investors are informed that the return of the investment is drawn from a publicly known distribution function. In the ambiguity treatment, investors are not informed about the distribution function. We find that both trust and trustworthiness are robust to the introduction of these changes. Elsevier 2016-10-31 Article PeerReviewed Clot-Figueras, Irma, Hernan-Gonzalez, Roberto and Kujal, Praveen (2016) Trust and trustworthiness under information asymmetry and ambiguity. Economics Letters, 147 . pp. 168-170. ISSN 0165-1765 Investment Game Uncertainty Ambiguity Trust trustworthiness http://www.sciencedirect.com/science/article/pii/S0165176516303123 doi:10.1016/j.econlet.2016.08.019 doi:10.1016/j.econlet.2016.08.019
spellingShingle Investment Game
Uncertainty
Ambiguity
Trust
trustworthiness
Clot-Figueras, Irma
Hernan-Gonzalez, Roberto
Kujal, Praveen
Trust and trustworthiness under information asymmetry and ambiguity
title Trust and trustworthiness under information asymmetry and ambiguity
title_full Trust and trustworthiness under information asymmetry and ambiguity
title_fullStr Trust and trustworthiness under information asymmetry and ambiguity
title_full_unstemmed Trust and trustworthiness under information asymmetry and ambiguity
title_short Trust and trustworthiness under information asymmetry and ambiguity
title_sort trust and trustworthiness under information asymmetry and ambiguity
topic Investment Game
Uncertainty
Ambiguity
Trust
trustworthiness
url https://eprints.nottingham.ac.uk/40433/
https://eprints.nottingham.ac.uk/40433/
https://eprints.nottingham.ac.uk/40433/