Homo economicus belief inhibits trust.

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  • Author(s): Xin Z;Xin Z; Liu G
  • Source:
    PloS one [PLoS One] 2013 Oct 16; Vol. 8 (10), pp. e76671. Date of Electronic Publication: 2013 Oct 16 (Print Publication: 2013).
  • Publication Type:
    Journal Article; Research Support, Non-U.S. Gov't
  • Language:
    English
  • Additional Information
    • Source:
      Publisher: Public Library of Science Country of Publication: United States NLM ID: 101285081 Publication Model: eCollection Cited Medium: Internet ISSN: 1932-6203 (Electronic) Linking ISSN: 19326203 NLM ISO Abbreviation: PLoS One Subsets: MEDLINE
    • Publication Information:
      Original Publication: San Francisco, CA : Public Library of Science
    • Subject Terms:
      Culture* ; Economics* ; Trust*; Data Collection ; Female ; Humans ; Investments ; Male ; Sample Size ; Young Adult
    • Abstract:
      As a foundational concept in economics, the homo economicus assumption regards humans as rational and self-interested actors. In contrast, trust requires individuals to believe partners' benevolence and unselfishness. Thus, the homo economicus belief may inhibit trust. The present three experiments demonstrated that the direct exposure to homo economicus belief can weaken trust. And economic situations like profit calculation can also activate individuals' homo economicus belief and inhibit their trust. It seems that people's increasing homo economicus belief may serve as one cause of the worldwide decline of trust.
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    • Publication Date:
      Date Created: 20131023 Date Completed: 20140814 Latest Revision: 20211021
    • Publication Date:
      20240104
    • Accession Number:
      PMC3797687
    • Accession Number:
      10.1371/journal.pone.0076671
    • Accession Number:
      24146907