We show experimentally that a principal’s distrust in the voluntary performance of an agent has a negative impact on … opportunistically. We find that most principals in our experiment do not restrict the agent’s choice set but trust that the agent will … perform well voluntarily. Principals who trust induce, on average, a higher performance and hence earn higher payoffs than …

-group favoritism in trust decisions. We observe choices of about 1,000 inhabitants of the city of Zurich who take part in a sequential … trust game, in which first movers can condition their investments on the residential districts of second movers. Our main … accordingly. Furthermore, we provide evidence of in-group favoritism, i.e., people trust strangers from their own district …

. We first show that trust of second-generation Americans is significantly influenced by the country of origin of their … attitudes. We show that trust inherited by second-generation Americans from their country of origins has changed over time. This … result allows us to use the inherited trust of secondgeneration Americans as a time-varying instrument to track back the …

the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions – and particularly trust in banks, business and government – has declined … over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in …

related to the acquisition of human capital, considering not just the decision on study time, but also on socialization/networking …

trust to define social capital empirically. In this paper we use three different measures of social capital: the size of the …

characteristics (age, sex, education, and household type) work characteristics, social capital attributes (trust in government …