felt they would be rewarded for their effort. There was a high level of trust in these relationships and this was built on …

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 …

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 …