Ashraf, Nava; Bohnet, Iris; Piankov, Nikita - Center for Research in Economics, Management and the … - 2004
This paper examines whether trust is an investment decision under uncertainty, based on the expectation of … trustworthiness, and whether trustworthiness is reciprocity, conditional on one?s counterpart?s behavior. In trust experiments in … Russia, South Africa and the United States, two thirds of the subjects who trust do not expect trust to pay monetarily. We …