situations requiring trust and trustworthiness. As a control we compare the behavior of CEOs with the behavior of students. We … threat is not available. Thus trust seems to reinforce trustworthy behavior. Overall, trustworthiness is highest if the … find that CEOs are considerably more trusting and exhibit more trustworthiness than students—thus reaching substantially …

This paper presents a model of trust in which a principal chooses either to trust or monitor an agent who, in turn …, chooses either to honor or exploit that trust. The principal's decision of whether to trust or monitor is based on the … relative temptation an agent faces to exploit the principal's trust, which comprises two elements – the environmental …

This paper investigates whether expectations of trustworthiness and resulting acts of trust accord with an objective … model of trustworthiness or are biased. Combining experimental and survey data, I find that Ghanaian workers appropriately … account for the negative impact on trustworthiness of various recent negative experiences and the positive impact of …

We incorporate culture into a standard trade model in two distinct ways. In the ¡°cultural affinity from work¡± model …