Motivated by the investor sentiment literature and assuming that terrorist activity influences investor mood the paper … markets while on the other hand provides further empirical support for the sentiment effect. …

limit individuals' range of trading partners. This paper aims at understanding the determinants of trust at various social … increase in trust following a reduction in social distance comes from the fact that trustors are much more inclined to follow … trust is mainly driven by social preferences. Nevertheless, trustors underestimate their friend's intrinsic motivation to …

Typically, laboratory experiments suffer from homogeneous subject pools and selfselection biases. The usefulness of … the power of our approach with the analysis of trust and trustworthiness in Germany by combining representative survey … elicit people's trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 55, highly …

Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively … buyers, as well as needing to trust others and reciprocate with their network. We base our analysis on the German Socio …-Economic Panel and recently introduced questions about trust, positive reciprocity, and negative reciprocity to examine the extent …

In this paper we study the economic effects of risk attitudes, time preferences, trust and reciprocity while we compare …