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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...
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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...
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The presence of dysfunctional formal institutions in the Palestinian Territories might drive the citizens to concentrate on alternative forms of governance more community-oriented. Under these circumstances the set of informal institutions embedded in the social capital of the Palestinian...
Persistent link: https://www.econbiz.de/10011279404
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...
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