We present results from two studies that show a positive relation between cognitive reflection and trusting behavior, but no significant relation with trustworthy behavior. Our finding holds regardless of individual distributional social preferences and risk aversion. Our results add to a growing body of literature that illustrates the role of cognitive ability in helping explain outcomes in economic experiments.
Corgnet, B., Espínc, A., Hernán-González, R., Kujal, P., and Rassenti, S. "To trust, or not to trust: Cognitive reflection in trust games," Journal of Behavioral and Experimental Economics, 000 (2015) 1–8, Available online 26 October 2015.
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Available for download on Friday, October 26, 2018