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The willingness to trust human receivers is compared to the inclination to take lottery risk in six distinct scenarios … pure-risk lottery allocation, and paired comparisons reveal that investors sacrifice 5% of the expected payoff to trust … complement the accumulating evidence regarding physiological differences between trust and risk, in addition suggesting that the …
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, we investigate the effect of two important dimensions of a country’s culture, societal trust and risk avoidance, on risk … taking by insurance firms around the world between 2001 and 2014. We measure societal trust and risk avoidance using the … trust and insurer risk taking in a country, while there is a negative and significant association between the level of risk …
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