Homo economicus belief inhibits trust.

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 experim...

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Main Authors: Ziqiang Xin, Guofang Liu
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2013-01-01
Series:PLoS ONE
Online Access:http://europepmc.org/articles/PMC3797687?pdf=render
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author Ziqiang Xin
Guofang Liu
author_facet Ziqiang Xin
Guofang Liu
author_sort Ziqiang Xin
collection DOAJ
description 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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spelling doaj.art-0cb011cbf404454bab32e628c418f5332022-12-22T01:03:38ZengPublic Library of Science (PLoS)PLoS ONE1932-62032013-01-01810e7667110.1371/journal.pone.0076671Homo economicus belief inhibits trust.Ziqiang XinGuofang LiuAs 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.http://europepmc.org/articles/PMC3797687?pdf=render
spellingShingle Ziqiang Xin
Guofang Liu
Homo economicus belief inhibits trust.
PLoS ONE
title Homo economicus belief inhibits trust.
title_full Homo economicus belief inhibits trust.
title_fullStr Homo economicus belief inhibits trust.
title_full_unstemmed Homo economicus belief inhibits trust.
title_short Homo economicus belief inhibits trust.
title_sort homo economicus belief inhibits trust
url http://europepmc.org/articles/PMC3797687?pdf=render
work_keys_str_mv AT ziqiangxin homoeconomicusbeliefinhibitstrust
AT guofangliu homoeconomicusbeliefinhibitstrust