Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show … that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of … a transactions-based economy with contracts preceding the transactions, and show that any one of (1) institutions, (2 …

localized and well-respected administration increased citizens' trust in local public services. In several Eastern European … countries, communities on both sides of the long-gone Habsburg border have been sharing common formal institutions for a century … Habsburg affiliation increases current trust and reduces corruption in courts and police. Falsification tests of spuriously …

localized and well-respected administration increased citizens' trust in local public services. In several Eastern European … countries, communities on both sides of the long-gone Habsburg border have been sharing common formal institutions for a century … Habsburg affiliation increases current trust and reduces corruption in courts and police. Falsification tests of spuriously …

characterized by a localized and well-respected administration, increased people's trust in local state services. In several Eastern … institutions for over 90 years now. In border specifications that restrict identification to individuals living inside a restricted … band around the former border, we find that historical Habsburg affiliation increases current trust and reduces corruption …

We establish an inverse relationship between family ties, generalized trust and political participation. The more … political participation. The latter, together with trust, are part of what is known as social capital, therefore in this paper …

trust. Focusing on second generation immigrants in Australia and the United States, we exploit the variation in the home and … individual trust. Our results indicate that trust in the home country contributes to the trust of second generation immigrants in … crime rate, economic inequality, race inequality and segregation by country of origin, also affect trust. Evidence for first …

Facing an increasing competition, service providers are forced to develop trust and commitment in order to stabilize … and extend their market position. Based upon a theoretical framework, the paper discusses strategies to provide trust … and, therefore, draws hypotheses how consulting companies are enabled to create and enhance trust using communication …

In this article a simple game is used to develop a concept of trust that takes account of boundedly rational behavior … there remains a risk that the second mover does not perform as promised. Trust consists of accepting this risk. The paper … also discusses the efficiency of trust and the role of the law in separating trustworthy from non trustworthy people. …

trust in laboratory games. The paper employs experimental data for representative samples of individuals in four Latin … American capital cities (Bogota, Lima, Montevideo, and San Jose), finding that participation in welfare programs damage trust … the notion that low take-up rates may be due to stigma linked with trust and social capital, rather than transaction costs. …

We study the influence of risk and time preferences on trust and trustworthiness by conducting a field experiment in …. We find that while probability sensitivity or risk aversion do not affect trust, loss aversion influences trust … reduce trust and trustworthiness. …