Socio-economic performance differs not only across countries but within countries too and can persist even after religion, language, and formal institutions are long shared. One interpretation of these disparities is that successful regions are characterized by higher levels of trust, and, more...

Since homo sapiens is a social animal, one might expect human nature the set of psychological propensities with which our species is naturally endowed to equip human beings to live in social groups. In this chapter, we consider the implications of this idea for economics and game theory. We...