This paper examines the concepts of trust and trustworthiness in the context of a one-sided variation of the prisoner … on the creation of incentives to induce cooperation, this paper articulates a paradox of trust in that if one trusts … gives trust its very meaning. The paper explores the implications of trust when understood to exist at two levels -- one in …

This paper presents a model of trust in which a principal chooses either to trust or monitor an agent who, in turn …, chooses either to honor or exploit that trust. The principal's decision of whether to trust or monitor is based on the … relative temptation an agent faces to exploit the principal's trust, which comprises two elements – the environmental …

The trust building process is basic to social science. We investigate it in a laboratory setting using a novel multi …-stage trust game where social gains are achieved if players trust each other in each stage. And in each stage, players have an … trusting behavior. So, we study the trust building process where there is little scope for social relations and networks …