To trust or not to trust, that is the question



This game felt like a round of poker: very intense, tactical and a lot of bluffing involved. It brought out the worst in us. And to our surprise we could have gotten much more if we had all played along. Of course, I wasn’t all that surprised: when I started to understand the game after the first round I kept telling my colleagues to play Ys so that we would all win points. But of course some are greedier than others and their instinct kicked in. I could almost see the little angel on their right shoulder saying “trust your colleagues” and the devil on the other side saying “take what you can, give nothing back” (Jack Sparrow – sorry, Captain Jack Sparrow – would approve). I can see the appeal in getting 3 points; but lets face it, the chances of that happening were slim. By not trusting one another we were bound to lose.

But why is it that we are inherently suspicious of others? Why is trust so difficult to build? And what to do once you have broken it? I scoured the internet for some answers, and I found some interesting Ted Talks: 

The first speaker (James Davis) said that trust is the willingness to be vulnerable with someone else and to take risks. So what makes us trust the other person? Firstly, their ability: it varies according to the situation (you can trust a doctor to do brain surgery on you, but you won't trust them to manage your investment portfolio). Secondly, does the other person care about me or are they just following their self-serving interests? Lastly, integrity: do you share the same values? Do they respect their commitments and keep their word? Or do they take advantage of others and adapt to the situation in order to have it better than others?

The second speaker (Professor Dan Ariely) describes several “games” that test how humans react in certain situations. The first game, the public goods game, leads us to conclude that once trust is broken you can't get it back. The second one, the prisoner's dilemma, shows that when we know the other person and their reputation (what they have done in the past) we are more likely to trust them. Finally, the last game shows that, contrarily to popular belief, people do trust each other quite a bit: when given the choice between keeping the money or sharing it and then getting half of it back, people chose to share it even if there was a chance the other wouldn't give them half of it back. In the end of the talk, the speaker says one of the ways to increase trust is by introducing a negative consequence for betrayal: if the other knows that betraying the other person will backfire then he/she won't do it in the first place (of course this is one of the scare tactics used by the mob or gangs).

After watching these videos the main idea that stuck with me was that in order to trust someone we need to know them pretty well. When you don't know how people react in certain situations, or what their interest is (the well-being of the group or their own selfish interests), it is very hard to trust them.

For the long negotiation we have in store for us next week, I will do by best to foster trust among my colleagues so that we are all in sync when negotiating with the people of Chestnut Drive. It will also be important to hear the other side's complaints and work together towards resolving the issues and creating value.


It will be challenging to make the other side trust the Bunyon Company because of the previous contract bribery scandal and the third development project that did not go very well; we will have to make a double effort to get them to trust us by mentioning the quality of our workmanship and the projects that were successful. We do have something in our favor: our lawyer did not find any legal basis to block construction. But of course, to carry on with construction without addressing the neighbors concerns will not prove successful.

Comments

Popular posts from this blog

Salt Harbor: Brims vs Easterly

The two-dollar bargaining game: Round 2!

EuroMouse project