TRUST AND TRUSTWORTHINESS AS A BEHAVIOURAL SOCIAL NORM

The authors present the results of a trust investment game performed with university students in Slovakia. They discuss the social norms of the participants of their experiment, notably the notions of trust and reciprocity. By analysing the one-shot version of the game, as well as the case of a repeated game with unspecified number of repetitions, the authors also show a dependence on outcome of the prior rounds (hence the learning effect) and provide a possible explanation for the choice of behaviour strategies observed in their sample.