Trust affects almost all human relationships - in families, organizations, markets and politics. However, identifying … the conditions under which trust, defined as people's beliefs in the trustworthiness of others, has a causal effect on the … efficiency of human interactions has proven to be difficult. We show experimentally and theoretically that trust indeed has a …

Trust affects almost all human relationships - in families, organizations, markets and politics. However, identifying … the conditions under which trust, defined as people's beliefs in the trustworthiness of others, has a causal effect on the … efficiency of human interactions has proven to be difficult. We show experimentally and theoretically that trust indeed has a …

Under weak contract enforcement the trading parties' trust, defined as their belief in other's trustworthiness, appears … appear less important, suggesting that trust and contract enforcement are substitutes. Here we show, however, that trust and … contract enforcement are complements. We demonstrate that under weak contract enforcement trust has no effect on gains from …

, positive and negative reciprocity, altruism, and trust. We collected these preference data as well as a rich set of covariates …

to trust other people are transmitted from parents to children. Our evidence is based on survey questions that ask about … by parents in terms of risk attitudes. Interestingly, for trust there is no impact of family size or birth order. There … are similar to parents in terms of risk are similar in terms of trust. We find that the transmission from parents to …