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Open AccessArticle

Active Learning on Trust and Reciprocity for Undergraduates

1
Department of Corporate Finance, University of Valencia, Av. Els Tarongers, 46022 Valencia, Spain
2
Department of Applied Economics, University of Valencia, Av. Els Tarongers, 46022 Valencia, Spain
3
LEE and Department of Economics, University Jaume I, Av. Vicente Sos Baynat, 12071 Castellón, Spain
*
Author to whom correspondence should be addressed.
Sustainability 2019, 11(16), 4399; https://doi.org/10.3390/su11164399
Received: 17 July 2019 / Revised: 7 August 2019 / Accepted: 11 August 2019 / Published: 14 August 2019
(This article belongs to the Special Issue Reflective Learning in Higher Education)
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Abstract

We propose a teaching activity aimed at promoting social values, such as trust and reciprocity, among undergraduate students in economics and related degrees. We present our pilot experience of what we call RED–‘Reading–Experiment–Discussion’, a three-step activity as part of a class of a specific module at the University of Valencia. During the Reading step, we encourage students to reflect, learn, and critically think about social values. In the second step, Experiment, students make decisions in a trust game experiment, a game created to measure trust and reciprocity in economic environments. Students then give opinions through a post-experiment questionnaire. Our research hypotheses are tested by using non-parametric methods. We also investigate the association between students’ decisions and their attitudinal and sociodemographic characteristics by linear regression analysis. Experimental data show that decisions on trust and reciprocity are dependent on earnings information and that, on average, females trust more than males. Finally, in the Discussion step, the learning is reinforced by sharing the readings about morals and the experimental decisions. In short, RED may be of great help in transmitting to students the role of social preferences in individual decision making. View Full-Text
Keywords: sustainable education; trust; reciprocity; experiment; game theory sustainable education; trust; reciprocity; experiment; game theory
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Rodrigo-González, A.; Caballer-Tarazona, M.; García-Gallego, A. Active Learning on Trust and Reciprocity for Undergraduates. Sustainability 2019, 11, 4399.

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