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Social capital and equilibrium selection in Stag Hunt games
Institution:1. Laboratorio de Psicología Experimental y Aplicada (PSEA), Instituto de Investigaciones Médicas (IDIM), Consejo Nacional de Investigaciones Científicas y Técnicas (CONICET), Universidad de Buenos Aires (UBA), Argentina;2. Instituto de Investigación Médica M. y M. Ferreyra (INIMEC), CONICET, Universidad Nacional de Córdoba (UNC), Argentina;3. Universidad Abierta Interamericana (UAI), Argentina;1. Department of Research and Development, Military Rehabilitation Center Aardenburg, Doorn, 3941 PW, the Netherlands;2. De Hoogstraat Rehabilitation, Utrecht, 3583 TM, the Netherlands;3. Expert Center Force Health Protection, Ministry of Defense, Doorn, 3941 PW, the Netherlands;4. Defense Healthcare Organization, Ministry of Defense, Utrecht, 3584 AB, the Netherlands;5. Department of Surgery, Alrijne Hospital, Leiderdorp, 2334 CK, the Netherlands;6. Department of Surgery, Leiden University Medical Center, Leiden, 2333 ZA the Netherlands;7. Department of Surgery, Central Military Hospital, Ministry of Defense, Utrecht, 3584 EZ, the Netherlands;8. Institute of Human Movement Studies, HU University of Applied Sciences Utrecht, Utrecht, 3584 CS, the Netherlands;9. Trauma Research Unit, Department of Surgery, Erasmus MC, University Medical Center Rotterdam, Rotterdam, the Netherlands
Abstract:Surveys of trusting attitudes are found to correlate with growth and development outcomes. The question of why trust attitudes correlate with economic growth remains open however. I argue that trust surveys capture facets of social capital not previously investigated, namely, coordination. Hence a complete investigation of the relationship between trust attitudes in growth must encompass their predictive power in a coordination game. This study shows that affirmative responses to surveys of trust attitudes correlate with and predict efficiency-supporting behavior in a Stag Hunt game.
Keywords:Stag Hunt  Trust  Social capital
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