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CLASS:PUBLIC
SUMMARY:Guest Lecture by Sonja Opper: Relational Exchange and Generalized Trust in China
DTSTART;TZID=Europe/Berlin:20160623T170000
DTEND;TZID=Europe/Berlin:20160623T183000
DTSTAMP:20160623T170000Z
LOCATION;ENCODING=QUOTED-PRINTABLE:Campus Campus Duisburg : SG 183
CONTACT:Frau Sarah Fehrs (IN-EAST Institut für Ostasienwissenschaften)
DESCRIPTION:Frau Sarah Fehrs (IN-EAST Institut für Ostasienwissenschaften)
Guest Lecture by Sonja Opper: Relational Exchange and Generalized Trust in China
Abstract
Where does generalized trust, that is, the inclination to place trust in strangers, come from? Our claim is that in economic action sources of generalized trust may not differ much from the sources of personalized trust. Contrary to a common assumption of a sharp distinction between personalized and generalized trust, we assert a likely spillover effect from relational exchange to a person’s expectations in interacting with an anonymous other. Our research integrates behavioral trust measures elicited by a novel incentivized game with survey data using a random sample of 540 founders of private industrial firms in the Yangzi delta region of China. We show that economic actors with more experience in relational exchange display greater trust in strangers. Likewise, we find robust evidence of a positive association between beliefs in the effectiveness of community business norms and generalized trust.
Thursday, 23. June 2016
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