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examine the impact of empowering investors with the right to veto the investee’s profit distribution on trust and … trust by over 30% in both cases. To control for a treatment sequence effect, we conducted the experiment in a reverse order …. We observe a comparable loss in trust when the power to veto is removed. Further analysis of veto decisions indicates …
Persistent link: https://www.econbiz.de/10010577299
incomplete information) and empowerment on trust (investment by a principal) and trustworthiness (reciprocal behavior of an agent … agents who may not act in a way the principal believes is in the principal’s best interest, trust and investment increases … opaque environments, the loss of empowerment has a substantially greater negative effect on trust than the positive effect …
Persistent link: https://www.econbiz.de/10010699611
This research advances the hypothesis that reversal of fortunes in the process of economic development can be traced to the effect of natural land productivity on the desirable level of cooperation in the agricultural sector. In early stages of development, unfavorable land endowment enhanced...
Persistent link: https://www.econbiz.de/10010862705
incomplete information) and empowerment on trust and trustworthiness. We implement a simple version of the standard two …'s best interest, the level of trust and investment increases over that which is realized in the absence of empowerment … greater negative effect on trust than the positive effect associated with the introduction of empowerment. …
Persistent link: https://www.econbiz.de/10010869662
inflated trust of immigrants is documented as the Great Expectations effect. This result is interesting and intriguing for … establishes that the inflated trust of immigrants affects their political attitudes. Immigrants coming from corrupt countries tend …
Persistent link: https://www.econbiz.de/10011095274
This research advances the hypothesis that natural land productivity in the past, and its effect on the desirable level of cooperation in the agricultural sector, had a persistent effect on the evolution of social capital, the process of industrialization and comparative economic development...
Persistent link: https://www.econbiz.de/10011111722
inflated trust of immigrants is documented as the Great Expectations effect. This result is interesting and intriguing for … establishes that the inflated trust of immigrants affects their political attitudes. Immigrants coming from corrupt countries tend …
Persistent link: https://www.econbiz.de/10011114192