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, institutions and transactions are exogenous for the economic and societal system. The paper aims to explore the roles of cultural …
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professional financial untrustworthiness. Trust is the bedrock of financial behaviour and without trust, financial markets fail as … identifies the emphasis on transactions fees as the operational vehicle behind these crises and discusses a few potential …
Persistent link: https://www.econbiz.de/10010668765
We conducted a controlled field experiment on eBay and examined to what extent both social and competitive laboratory behavior is robust to institutionally complex real world markets with experienced traders, who selected themselves into these markets. EBay's natural trading system provides...
Persistent link: https://www.econbiz.de/10010264320
Trust is a crucial component of social capital. We use an experimental moonlighting game with a representative sample … of the U.S. population, oversampling immigrants, to study trust, positive, and negative reciprocity between first … trust other immigrants. Immigrants appear to be less trustworthy overall but this finding disappears when we control for …
Persistent link: https://www.econbiz.de/10010272683
This paper shows that cross country differences in the generosity and the quality of the welfare state are associated with differences in the trustworthiness of their citizens. We show that generous, transparent and efficient welfare states in Scandinavian countries are based on the civicness of...
Persistent link: https://www.econbiz.de/10010274587