We investigate the relationship between individual trust and individual economic performance. We find that individual … income is hump-shaped in a measure of intensity of trust beliefs. Heterogeneity of trust beliefs in the population, coupled … cheated, but give up profitable opportunities, therefore underperforming. The cost of either too much or too little trust is …

Which kind of social capital fosters the diffusion of development-oriented trust? This paper carries out an empirical …), and different forms of trust (knowledge-based trust, social trust, trust towards public services and political … the main factors fostering the diffusion of social trust among entrepreneurs are the perception that the local community …

The U.S. system of security law was designed more than 70 years ago to regain investors’ trust after a major financial …

a common culture. It is the idea that people have a shared fate. Generalized trust rests upon a foundation of economic …Some researchers claim that diverse populations lead to less trust. Generalized trust is a core value that leads to …. Generalized trust fundamentally rests upon a foundation of respect for diversity, but at the same time arguing that societies have …

to contribute also an adequate share to the community. In such a situation trustworthiness of a government and trust in a … government is high. This paper provides empirical evidence that trust is crucial for fiscal performance using data for the full … sample of Swiss cantons over the 1981-2001 period. In cantons with high levels of trust, the level of indebtedness is …

There are multiple dimensions of trust. The standard meaning I call "strategic trust." But more important is … "moralistic trust," which does not stem from experience, but rather is learned early in life and is largely stable over time …. Moralistic trust leads people to do good works such as contributing to charity and volunteering time and to be more tolerant …

neighbors in the social network, can exert effort to manipulate the trust of others, and update their opinions about some common …. We show that manipulation can modify the trust structure and lead to a connected society. Manipulation fosters opinion …

Using data from US states, we find a positive relationship between trust and growth. According to our results, a 10 … percentage point increase in trust increases the growth rate of per capita income by 0.5 percentage point, growth rate of housing …