: Trust rather than no trust was the default. People are more trusting when the default is full trust than when it is no trust …. We introduce a new game, the distrust game (DTG), where the default is full trust and find that in it, trust levels are … higher than in the Berg, Dickhaut, and McCabe (1995) trust game (TG), where the default is no trust. At the same time …

: Trust rather than no trust was the default. People are more trusting when the default is full trust than when it is no trust …. We introduce a new game, the distrust game (DTG), where the default is full trust and find that in it, trust levels are … higher than in the Berg, Dickhaut, and McCabe (1995) trust game (TG), where the default is no trust. At the same time …

a binary-choice trust game or a risky decision offering the same payoffs and probabilities. Risk acceptance was …

paper examines the norms that apply in a reciprocal-exchange economy and what effect on trust, trustworthiness and … norm of balanced reciprocity, which obligates quid-pro-quo returns for any level of trust. This norm differs from … conditional reciprocity, prevalent in developed countries, according to which higher trust levels are rewarded with proportionally …

Using experiments, we examine whether the decision to trust a stranger in a one-shot interaction is equivalent to … taking a risky bet, or if a trust decision entails an additional risk premium to balance the costs of trust betrayal. We … compare a binary-choice Trust game with a structurally identical, binary-choice Risky Dictator game with good or bad outcomes …

prediction. Our finding is in line with the recent work on the role of contract enforcement and trust in formerly Communist …