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...
Main Authors: | , |
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Format: | Article |
Language: | English |
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Public Library of Science (PLoS)
2013-01-01
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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. |
first_indexed | 2024-12-11T14:06:14Z |
format | Article |
id | doaj.art-0cb011cbf404454bab32e628c418f533 |
institution | Directory Open Access Journal |
issn | 1932-6203 |
language | English |
last_indexed | 2024-12-11T14:06:14Z |
publishDate | 2013-01-01 |
publisher | Public Library of Science (PLoS) |
record_format | Article |
series | PLoS ONE |
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 |