This article argues that behaving prosocially implies more transparent information during the negotiation process of a financial contract and more cooperation among the parties to respect the terms of the contract. For this reason this work considers interest rate on loans and insolvency rate...

The general idea of social capital is that relationships matter. In this sense, trust, cooperation and reciprocity involved in these relationships can have a positive impact on the wealth of the society by reducing transaction costs, facilitating collective actions and lowering opportunistic...

Financial contracts represent an exchange of financial resources today, such as money, for a promise to return more financial resources tomorrow. The aim of the paper is to test whether cheating or respecting a promise, in particular a “financial one”, is also a matter of community norms in...

This paper contributes to the literature by conducting the first empirical investigation into the determinants of prosocial behaviour in the Palestinian territories, with a focus on the role of trust and institutions. Drawing on a unique dataset collected through the administration of a...

This paper contributes to the literature by conducting the first empirical investigation into the determinants of prosocial behaviour in the Palestinian territories, with a focus on the role of trust and institutions. Drawing on a unique dataset collected through the administration of a...

Financial contracts represent an exchange of financial resources today, such as money, for a promise to return more financial resources tomorrow. The aim of the paper is to test whether cheating or respecting a promise, in particular a “financial one”, is also a matter of community norms in...

In the last 20 years, social capital, has been evoked in several field of social science research and used to explain a vast range of phenomena: political participation, institution performance, corruption, economic success of countries and so on. Unfortunately, dealing with social capital at a...

The paper investigates whether social capital can affect the standard living of the Italian households based on poverty and social exclusion. The analysis is developed at the regional level through cross-sections based in the year 2002 and in the year 2003. The indices of social capital that we...

There is wide consensus that social capital increases government performance. However, the very mechanism underlying the relationship between social capital and well-performing governments remains unclear. In this paper we focus on the budgetary composition of local governments and find that the...

The paper investigates whether social capital can affect the standard living of the Italian households based on poverty and social exclusion. The analysis is developed at the regional level through cross-sections based in the year 2002 and in the year 2003. The indices of social capital that we...