Trust and trustworthiness in young and older adults.

Bailey, PE; Slessor, G; Rieger, M; Rendell, PG; Moustafa, AA; Ruffman, T

Trust and trustworthiness in young and older adults.

Bailey, PE Slessor, G Rieger, M Rendell, PG Moustafa, AA Ruffman, T

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Publisher:: AMER PSYCHOLOGICAL ASSOC
Publication Type:: Journal Article
Citation:: Psychol Aging, 2015, 30, (4), pp. 977-986
Issue Date:: 2015-12

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Field	Value	Language
dc.contributor.author	Bailey, PE
dc.contributor.author	Slessor, G
dc.contributor.author	Rieger, M
dc.contributor.author	Rendell, PG
dc.contributor.author	Moustafa, AA
dc.contributor.author	Ruffman, T
dc.date.accessioned	2025-01-10T04:48:26Z
dc.date.available	2025-01-10T04:48:26Z
dc.date.issued	2015-12
dc.identifier.citation	Psychol Aging, 2015, 30, (4), pp. 977-986
dc.identifier.issn	0882-7974
dc.identifier.issn	1939-1498
dc.identifier.uri	http://hdl.handle.net/10453/183202
dc.description.abstract	In a series of 1-shot economic trust games in which participants could make real monetary profits, but also risked losing money, 2 studies compared young and older adults' trust (amount invested with trustees) and trustworthiness (amount returned to investors by trustees). In Study 1, young (n = 35) and older (n = 32) participants acted as investors, and the age of simulated trustees (young, older) was manipulated. In Study 2, young (n = 61) and older (n = 67) participants acted in real life as both investors and trustees. They completed 2 face-to-face trust games with same- and other-age partners, and 3 anonymous trust games with same-, other-, and unknown-age partners. Study 1 found that young and older participants rate older trustees as appearing more trustworthy than young trustees, but neither group invest more with older than young trustees. Rather, older participants were more likely than young participants to invest money averaged across trustee age. In Study 2, there were no age-related differences in trust, but older adults were more trustworthy than young adults in anonymous games with same- and unknown-age partners. It was also found that young adults demonstrate greater reputational concerns than older adults by reciprocating more trust when face-to-face than anonymous. We discuss the complex influences of age on trust game investing and reciprocation, as well as the implications for older adults' wellbeing and financial security.
dc.format	Print-Electronic
dc.language	eng
dc.publisher	AMER PSYCHOLOGICAL ASSOC
dc.relation	http://purl.org/au-research/grants/arc/DP130101420
dc.relation.ispartof	Psychol Aging
dc.relation.isbasedon	10.1037/a0039736
dc.rights	info:eu-repo/semantics/closedAccess
dc.subject	1701 Psychology, 1702 Cognitive Sciences
dc.subject.classification	Experimental Psychology
dc.subject.classification	5201 Applied and developmental psychology
dc.subject.classification	5202 Biological psychology
dc.subject.classification	5204 Cognitive and computational psychology
dc.subject.mesh	Adult
dc.subject.mesh	Age Factors
dc.subject.mesh	Aged
dc.subject.mesh	Aged, 80 and over
dc.subject.mesh	Economics
dc.subject.mesh	Female
dc.subject.mesh	Games, Experimental
dc.subject.mesh	Humans
dc.subject.mesh	Interpersonal Relations
dc.subject.mesh	Male
dc.subject.mesh	Perception
dc.subject.mesh	Risk
dc.subject.mesh	Risk-Taking
dc.subject.mesh	Trust
dc.subject.mesh	Young Adult
dc.subject.mesh	Humans
dc.subject.mesh	Risk
dc.subject.mesh	Risk-Taking
dc.subject.mesh	Interpersonal Relations
dc.subject.mesh	Trust
dc.subject.mesh	Perception
dc.subject.mesh	Age Factors
dc.subject.mesh	Games, Experimental
dc.subject.mesh	Economics
dc.subject.mesh	Adult
dc.subject.mesh	Aged
dc.subject.mesh	Aged, 80 and over
dc.subject.mesh	Female
dc.subject.mesh	Male
dc.subject.mesh	Young Adult
dc.subject.mesh	Adult
dc.subject.mesh	Age Factors
dc.subject.mesh	Aged
dc.subject.mesh	Aged, 80 and over
dc.subject.mesh	Economics
dc.subject.mesh	Female
dc.subject.mesh	Games, Experimental
dc.subject.mesh	Humans
dc.subject.mesh	Interpersonal Relations
dc.subject.mesh	Male
dc.subject.mesh	Perception
dc.subject.mesh	Risk
dc.subject.mesh	Risk-Taking
dc.subject.mesh	Trust
dc.subject.mesh	Young Adult
dc.title	Trust and trustworthiness in young and older adults.
dc.type	Journal Article
utslib.citation.volume	30
utslib.location.activity	United States
utslib.for	1701 Psychology
utslib.for	1702 Cognitive Sciences
pubs.organisational-group	University of Technology Sydney
pubs.organisational-group	University of Technology Sydney/Faculty of Health
pubs.organisational-group	University of Technology Sydney/Faculty of Health/Graduate School of Health
pubs.organisational-group	University of Technology Sydney/Faculty of Health/Graduate School of Health/GSH.Clinical Psychology
pubs.organisational-group	University of Technology Sydney/UTS Groups
pubs.organisational-group	University of Technology Sydney/UTS Groups/UTS Ageing Research Collaborative (UARC)
utslib.copyright.status	closed_access	*
dc.date.updated	2025-01-10T04:48:25Z
pubs.issue	4
pubs.publication-status	Published
pubs.volume	30
utslib.citation.issue	4

Abstract:

In a series of 1-shot economic trust games in which participants could make real monetary profits, but also risked losing money, 2 studies compared young and older adults' trust (amount invested with trustees) and trustworthiness (amount returned to investors by trustees). In Study 1, young (n = 35) and older (n = 32) participants acted as investors, and the age of simulated trustees (young, older) was manipulated. In Study 2, young (n = 61) and older (n = 67) participants acted in real life as both investors and trustees. They completed 2 face-to-face trust games with same- and other-age partners, and 3 anonymous trust games with same-, other-, and unknown-age partners. Study 1 found that young and older participants rate older trustees as appearing more trustworthy than young trustees, but neither group invest more with older than young trustees. Rather, older participants were more likely than young participants to invest money averaged across trustee age. In Study 2, there were no age-related differences in trust, but older adults were more trustworthy than young adults in anonymous games with same- and unknown-age partners. It was also found that young adults demonstrate greater reputational concerns than older adults by reciprocating more trust when face-to-face than anonymous. We discuss the complex influences of age on trust game investing and reciprocation, as well as the implications for older adults' wellbeing and financial security.

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10453/183202