Team for Research in
Ubiquitous Secure Technology

Discounting the Past: Bad Weighs Heavier than Good
Laura Brandimarte

Citation
Laura Brandimarte. "Discounting the Past: Bad Weighs Heavier than Good". Talk or presentation, 11, November, 2010.

Abstract
This paper studies how individuals’ trust and appreciation of other parties is affected by the valence and maturity of information about actions or traits of those parties. Specifically, it introduces and tests the hypothesis that the effect of information about individuals or organizations with negative valence tends to fade away more slowly than the effects of information with positive valence, not only because its immediate impact may be stronger, but also because negative and positive information is discounted differently. To empirically test this hypothesis, we designed three survey-based randomized experiments, in which we manipulated the valence of the information that subjects are exposed to and the time to which such information refers. We measured how our subjects reacted to such information using judgment metrics of trust and liking derived from the literature or created ad-hoc for our experiments. We used a difference-in-difference model to disentangle the effects of valence, time and their interaction. Our findings provide some empirical support for our hypothesis. We suggest the theoretical grounds that could motivate differential discounting, and the privacy implications of such phenomenon in a society where negative and positive information about people, useful for judging the trustworthiness of technological environments, is so easily retrievable.

Electronic downloads

Citation formats  
  • HTML
    Laura Brandimarte. <a
    href="http://www.truststc.org/pubs/775.html"
    ><i>Discounting the Past: Bad Weighs Heavier than
    Good</i></a>, Talk or presentation,  11,
    November, 2010.
  • Plain text
    Laura Brandimarte. "Discounting the Past: Bad Weighs
    Heavier than Good". Talk or presentation,  11,
    November, 2010.
  • BibTeX
    @presentation{Brandimarte10_DiscountingPastBadWeighsHeavierThanGood,
        author = {Laura Brandimarte},
        title = {Discounting the Past: Bad Weighs Heavier than Good},
        day = {11},
        month = {November},
        year = {2010},
        abstract = {This paper studies how individuals’ trust and
                  appreciation of other parties is affected by the
                  valence and maturity of information about actions
                  or traits of those parties. Specifically, it
                  introduces and tests the hypothesis that the
                  effect of information about individuals or
                  organizations with negative valence tends to fade
                  away more slowly than the effects of information
                  with positive valence, not only because its
                  immediate impact may be stronger, but also because
                  negative and positive information is discounted
                  differently. To empirically test this hypothesis,
                  we designed three survey-based randomized
                  experiments, in which we manipulated the valence
                  of the information that subjects are exposed to
                  and the time to which such information refers. We
                  measured how our subjects reacted to such
                  information using judgment metrics of trust and
                  liking derived from the literature or created
                  ad-hoc for our experiments. We used a
                  difference-in-difference model to disentangle the
                  effects of valence, time and their interaction.
                  Our findings provide some empirical support for
                  our hypothesis. We suggest the theoretical grounds
                  that could motivate differential discounting, and
                  the privacy implications of such phenomenon in a
                  society where negative and positive information
                  about people, useful for judging the
                  trustworthiness of technological environments, is
                  so easily retrievable.},
        URL = {http://www.truststc.org/pubs/775.html}
    }
    

Posted by Larry Rohrbough on 7 Dec 2010.
Groups: trust
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