, vaccine hesitancy during the pandemic has been closely related to people's trust in their governments given governments …. Social capital, in this context, refers to community trust, collaboration, and engagement that create social bonds between … for institutional trust (especially trust in the medical system). However, this general association between trust in other …

capital - especially questions concerning generalized trust or generalized morality - are strongly and significantly …

Guilds are social scientists ̕favoured historical example of institutions generating a social capital ̕of trust that … potential to generate the particularized and differential trust to solve market failures relating to product quality, training … the potential to abuse their trust, and the empirical findings show that they indeed manipulated their social capital of …

In this paper we investigate the long-run relationship between disasters and societal trust. A growing body research … social capital in general, and trust in particular. We present new cross-country evidence of another important determinant of … trust - the frequency of natural disasters. Frequent naturally occurring events such as storms require (and provide …

We present a theory linking political and social trust to explain trust erosion in modern societies. Individuals … heterogeneity has two important effects on trust. First, disappointment with the policy rule enacted by the government breeds … four European countries shows how these trust dynamics came to the surface during the Covid-19 pandemic. Once led to think …

In this paper we use an experiment to compare a theory of risk aversion and a theory of spite as an explanation for … overbidding in auctions. As a workhorse we use the second-price all-pay and the first-price winner-pay auction. Both risk and … spite can be used to rationalize deviations from risk neutral equilibrium bids in auctions. We exploit that equilibrium …

Using an economic model to assess welfare risk and resilience to disasters, this paper systematically tackles the … losses at the microeconomic level. Apart from the prioritization of regions based on resilience and welfare risk, we identify … risk from riverine floods. While there are similarities in the ranking of policies among regions with comparable levels of …