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The Collective Trust Game: An Online Group Adaptation of the Trust Game Based on the HoneyComb Paradigm
Published on: October 20, 2022
The COVID-19 pandemic reduces trust behavior
Jianbiao Li1,2,3, Yanan Zhang1, Xiaofei Niu1
1School of Economics, Institute for Study of Brain-Like Economics, Shandong University, Jinan, China.
Abstract:
We conduct an online experiment before and after the outbreak of COVID-19 pandemic in China with four sampling waves and test the effect of COVID-19 pandemic on trust behavior. We find that COVID-19 pandemic reduces trust behavior. Belief in others' trustworthiness is one potential mechanism underlying the effect of COVID-19 pandemic on trust behavior.
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