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capital - especially questions concerning generalized trust or generalized morality - are strongly and significantly …
Persistent link: https://www.econbiz.de/10012252455
Trust is a key factor for the well-functioning of labor markets. We experimentally study the behavior of staff at …. We discuss the implications for the design of incentives to increase trust in competitive markets like that of employment …
Persistent link: https://www.econbiz.de/10012404551
Economic growth is propelled in part by the accumulation of different kinds of capital, including social capital in its several guises. This paper considers the interplay between financial crises and various aspects of social capital which, if it is allowed to depreciate, can undermine economic...
Persistent link: https://www.econbiz.de/10011288794
We study how close personal contact with minorities affects in-group and out-group trust in a field experiment in the …, we measure trust by using a trust game. Results indicate that close personal contact with minorities increases trust … towards a generic immigrant. We replicate the result that individuals coming from more ethnically diverse areas trust …
Persistent link: https://www.econbiz.de/10011973967
In this paper we investigate the long-run relationship between disasters and societal trust. A growing body research … social capital in general, and trust in particular. We present new cross-country evidence of another important determinant of … trust - the frequency of natural disasters. Frequent naturally occurring events such as storms require (and provide …
Persistent link: https://www.econbiz.de/10009580773
Guilds are social scientists ̕favoured historical example of institutions generating a social capital ̕of trust that … potential to generate the particularized and differential trust to solve market failures relating to product quality, training … the potential to abuse their trust, and the empirical findings show that they indeed manipulated their social capital of …
Persistent link: https://www.econbiz.de/10002514783
This paper explores whether social preferences influence portfolio choices of retail investors. We use administrative investor trading records which we link to decisions of the same investors in experiments with real money at stake. We show that social preferences rather than return expectations...
Persistent link: https://www.econbiz.de/10010189840
While trust and trustworthiness provide a fundamental foundation for human relationships, little is known about how … the World Values Survey to address a potential connection between trust and age. In this chapter, we will mainly focus on … trusting and trustworthy behavior elicited with the use of the seminal trust game (Berg et al., 1995) and with games …
Persistent link: https://www.econbiz.de/10011298524
We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods game to classify subjects by type of contribution preference and by belief about the contributions of others; and we measure betrayal aversion for different categories of subject....
Persistent link: https://www.econbiz.de/10011298544
high growth, but based on a simple stylized model of government behavior the expectation is that mainly high trust … countries provides support for this expectation. The difference in fiscal policies depending on government trust levels may help … explaining why better governed countries have been found to have less severe business cycles. It suggests that trust and …
Persistent link: https://www.econbiz.de/10009764994