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We explore the determinants and effects of trust relationships between upstream suppliers and downstream producers … different measures of supplier-buyertrust, tha thigher levels of trust mitigate relationship-specific underinvestment in a … classical hold-up situation. Moreover, contrary to the extant literature, we show that higher levels of supplier's trust are …
Persistent link: https://www.econbiz.de/10008822913
Experimental evidence reveals that there is a strong willingness to trust and to act in both positively and negatively … buyers, as well as needing to trust others and reciprocate with their network. We base our analysis on the German Socio …-Economic Panel and recently introduced questions about trust, positive reciprocity, and negative reciprocity to examine the extent …
Persistent link: https://www.econbiz.de/10008826905
Persistent link: https://www.econbiz.de/10003985837
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
social capital as measured by interpersonal and institutional trust in post-reunification Germany. We estimate the economic …
Persistent link: https://www.econbiz.de/10011308454
' Union, Women's Union, etc.) and other voluntary organizations, trust, and the significance of family ties in economic … Communist Party membership, trust and access to informal insurance. …
Persistent link: https://www.econbiz.de/10011336547
We show that the standard trust question routinely used in social capital research is importantly related to … others cooperation. We find that the standard trust question is a proxy for cooperation preferences rather than beliefs about … others cooperation. Moreover, we show that the fairness question , a recently proposed alternative to the standard trust …
Persistent link: https://www.econbiz.de/10011344859
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 …
Persistent link: https://www.econbiz.de/10011326961
Persistent link: https://www.econbiz.de/10010528375
children through purposeful investments. We exploit information on the risk and trust attitudes of parents and their children … respect to risk and trust attitudes and thus transmit their own attitudes more strongly. The results are robust to including …
Persistent link: https://www.econbiz.de/10009765617