Trust and Reciprocity
About This Book
"Questions of trust, reciprocity, and social cooperation occupy a central place in contemporary social science research. Trust and Reciprocity is an excellent addition to this literature. Elinor Ostrom and James Walker have produced a first rate collection that significantly enhances our understanding of why cooperation levels vary so much across different social contexts. In addition, the contributors to this volume, leading scholars in their various disciplines, offer important insights into how the standard rational choice approach to these questions can be informed by experimental research. I know of no other book that provides such a thoughtful and comprehensive introduction to the experimental approach to trust and cooperation."
-JACK KNIGHT, Sidney W. Souers Professor of Government in Arts and Sciences, Washington University
"This marvelous volume provides one-stop shopping for readers old and new to the trust literature. Each article builds substantively upon carefully reviewed past literature before proceeding in one of many pioneering directions. The combination of explorations into the cognitive, biological, and evolutionary foundations of trust, together with new experimental evidence, brings the trust literature right to the frontier of the most current research in social science."
-JEAN ENSMINGER, division chair for the humanities and social sciences and professor of anthropology, California Institute of Technology
Trust is essential to economic and social transactions of all kinds, from choosing a marriage partner, to taking a job, and even buying a used car. The benefits to be gained from such transactions originate in the willingness of individuals to take risks by placing trust in others to behave in cooperative and non-exploitative ways. But how do humans decide whether or not to trust someone? Using findings from evolutionary psychology, game theory, and laboratory experiments, Trust and Reciprocity examines the importance of reciprocal relationships in explaining the origins of trust and trustworthy behavior.
In Part I, contributor Russell Hardin argues that before one can understand trust one must account for the conditions that make someone trustworthy. Elinor Ostrom discusses evidence that individuals achieve outcomes better than those predicted by models of game theory based on purely selfish motivations. In Part II, the book takes on the biological foundations of trust. Frans de Waal illustrates the deep evolutionary roots of trust and reciprocity with examples from the animal world, such as the way chimpanzees exchange social services like grooming and sharing. Other contributors look at the links between evolution, cognition, and behavior. Kevin McCabe examines how the human mind processes the complex commitments that reciprocal relationships require, summarizing brain imaging experiments that suggest the frontal lobe region is activated when humans try to cooperate with their fellow humans. Acknowledging the importance of game theory as a theoretical model for examining strategic relationships, in Part III the contributors tackle the question of how simple game theoretic models must be extended to explain behavior in situations involving trust and reciprocity. Reviewing a range of experimental studies, Karen Cook and Robin Cooper conclude that trust is dependent on the complex relationships between incentives and individual characteristics, and must be examined in light of the social contexts which promote or erode trust. As an example, Catherine Eckel and Rick Wilson explore how people's cues, such as facial expressions and body language, affect whether others will trust them.
The divergent views in this volume are unified by the basic conviction that humans gain through the development of trusting relationships. Trust and Reciprocity advances our understanding of what makes people willing or unwilling to take the risks involved in building such relationships and why.
ELINOR OSTROM is Arthur F. Bentley Professor of Political Science and codirector of the Workshop in Political Theory and Policy Analysis and the Center for the Study of Institutions, Population, and Environmental Change, Indiana University, Bloomington.
JAMES WALKER is Professor of Economics and co-associate director of the Workshop in Political Theory and Policy Analysis, Indiana University, Bloomington.
CONTRIBUTORS: T.K. Ahn, Karen S. Cook, Robin M. Cooper, Frans B.M. de Waal, Catherine C. Eckel, James Henley, Russell Hardin, William T. Harbaugh, Kate Krause, Robert Kurzban, Margaret Levi, Steven G. Liday, Jr., Kevin A. McCabe, Tomonori Morikawa, John Orbell, David Schmidt, Vernon L. Smith, Lise Vesterlund, Rick K. Wilson, Toshio Yamagishi.
A Volume in the Russell Sage Foundation Series on Trust