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This article establishes that there are significant social influences on the decisions made by individuals about whether to trust others. These social interactions effects may arise from exogenous-environmental characteristics or from endogenous effects that make people conform to the particular...
Persistent link: https://www.econbiz.de/10013125889
The idea that people follow trust norms when making trust decisions is developed in an evolutionary model of adaptive play by boundedly rational agents. Because it neither implies nor is it implied by cooperation, trust is not modelled as cooperation in a Prisoners' Dilemma but as a coordination...
Persistent link: https://www.econbiz.de/10013158460
People are shown to be “more (less) trusting as others are on average more (less) trusting” in a binary-choice-with-social-interactions model that is estimated using cross-section data from more than sixty countries, with mean trust as an explanatory variable. These endogenous effects...
Persistent link: https://www.econbiz.de/10014215157
Persistent link: https://www.econbiz.de/10012149729
The Census is carried in England and Wales every 10 years and gathers information on every household in the population. We conducted a survey two weeks prior to the official census date and measured intention to complete the census. We find that men, the young, and those in rented accommodation...
Persistent link: https://www.econbiz.de/10013234602
Ransomware is a particular form of cyber-attack in which a victim loses access to either his electronic device or files unless he pays a ransom to criminals. A criminal’s ability to make money from ransomware critically depends on victims believing that the criminal will honour ransom...
Persistent link: https://www.econbiz.de/10012061894