quality goods and keep up the reputation of the destination as demandcontinues to grow, producers need to gain a mark-up on …

employeeswho are driven by concerns about their reputation for being able. When employeesare driven by monetary rewards and care …

perspective of transaction cost economics indicates why this industry relies on hybrid forms of organisation. Trust between the …

networks and related high intra-group trust constitute the major reasons for co-ethnic employment by lowering information and …

not onlymutual trust, like simple exchange, but also a substantial degree of coordination. We examinewhether players are …

suggest. Trust between trading partners lowers transaction costs and may therefore enhance trade. The empirical analysis of … this paper shows that more trust leads to more trade so that part of the "mystery of missing trade" can be attributed to … the lack of trust between trading partners, e.g. because of cultural differences and habits, or because of insufficient …

paper, Knack and Keefer (1997) assess the effect of trust on growth. This paper analyses the robustness of their results … the relationship between trust and growth in terms of both the size and the significance of the estimated effect, is … highly dependent on the set of conditioning variables. An answer to the question whether there is an economic payoff of trust …