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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NOTICE: this is the author’s version of a work that was accepted for publication in Journal of Behavioral and Experimental Economics. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version will be subsequently published in Journal of Behavioral and Experimental Economics in 2015. DOI: 10.1016/j.socec.2015.09.008
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