In this paper, we argue that an important function fulfilled by intermediaries is to facilitate trust by enabling social pressure towards the enforcement of informal agreements. To that end, we develop a new model that uses network theory to show that intermediaries who have exclusivity over a...

The paper tackles the issue of social capital as observed in several ethnically bonded groups of agricultural rural communities in the mountainous regions of northern Philippines. In the first part of the paper, the social capital of indigenous farmers and traders are measured. Findings show...

Strong lending relationships between banks and small and medium-sized enterprises (SMEs) play a key role in the bank-based financial system of Germany. So far, they have been mainly described by the notion of a housebank and transactional features of long-term bank-customer relationships. In...