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trait (i.e., general trust scale) and social stress-induced cortisol elevations. We found that (1) social stress acutely … impairs social memory during social interaction and (2) interpersonal trust reduces social stress response. Together …, interpersonal trust may modulate economic behaviors via stress hormonefs action on social cognition- related brain regions. …
Persistent link: https://www.econbiz.de/10005408231
THE DEVELOPMENT SOCIAL RELATIONSHIP IN OUR TIMES IMPOSE A GROWING IMPORTANCE TO 'TRUST' AS A RESOURCE BETWEEN PERSONAL … REDUCING OF SOCIAL COMPLEXITY IN OUR NEAPOLITAN REALITY, WE ASSUME THAT IS BETTER TO 'RELIANCE' RATHER THAN TO TRUST. FOR THE …
Persistent link: https://www.econbiz.de/10005126102
People can become less cooperative when threatened with sanctions, and researchers have pointed to both 'intentions' and incentives as sources of this effect. This paper reports data from a novel experimental design aimed at determining the relative importance of intentions and incentives in...
Persistent link: https://www.econbiz.de/10005062715
This paper briefly reviews the current literature on learning in economics from a behavioral point of view. It critically compares theory with aspects of learning in real-life and with evidence from laboratory experiments, and argues that most customary approaches lack criteria for their...
Persistent link: https://www.econbiz.de/10005413284
situations requiring trust and trustworthiness. As a control we compare the behavior of CEOs with the behavior of students. We …. However, the availability of penalizing incentives also creates hidden returns: if a principal expresses trust by voluntarily … threat is not available. Thus trust seems to reinforce trustworthy behavior. Overall, trustworthiness is highest if the …
Persistent link: https://www.econbiz.de/10005076520
-person trust game. Players are typed based on their recent track record as whether or not they are trusting (Players 1) and whether …
Persistent link: https://www.econbiz.de/10005125594
The future of electronic commerce will be shaped by open, heterogeneous and complex structures, consisting of networked marketplaces. Software agents will interact and negotiate on behalf of their human (or organizational) principals. Principals will be able to implement fraudulent strategies in...
Persistent link: https://www.econbiz.de/10005134563
Over the past 20 years, finance has become commodified. Firms increasingly obtain finance from securities markets, instead of borrowing from commercial banks with which they have long-term relationships, while Fannie Mae and Freddie Mac package a growing number of mortgages into bonds. When...
Persistent link: https://www.econbiz.de/10005134641
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 …
Persistent link: https://www.econbiz.de/10005135015
This paper examines the concepts of trust and trustworthiness in the context of a one-sided variation of the prisoner … on the creation of incentives to induce cooperation, this paper articulates a paradox of trust in that if one trusts … gives trust its very meaning. The paper explores the implications of trust when understood to exist at two levels -- one in …
Persistent link: https://www.econbiz.de/10005135123