. -- Trust ; Legal Origins ; Colonization ; Institutions ; Causality ; Deep Rooted Factors of Development …This paper analyses the connection between legal origins and generalized trust. Based on recent results of institutions … and trust research it argues that legal origins and trust are connected via the beliefs of agents. Next, it develops …

Trust affects almost all human relationships - in families, organizations, markets and politics. However, identifying … the conditions under which trust, defined as people's beliefs in the trustworthiness of others, has a causal effect on the … efficiency of human interactions has proven to be difficult. We show experimentally and theoretically that trust indeed has a …

Trust affects almost all human relationships - in families, organizations, markets and politics. However, identifying … the conditions under which trust, defined as people's beliefs in the trustworthiness of others, has a causal effect on the … efficiency of human interactions has proven to be difficult. We show experimentally and theoretically that trust indeed has a …

Trust affects almost all human relationships - in families, organizations, markets and politics. However, identifying … the conditions under which trust, defined as people's beliefs in the trustworthiness of others, has a causal effect on the … efficiency of human interactions has proven to be difficult. We show experimentally and theoretically that trust indeed has a …

Why do some societies fail to adopt more efficient institutions in response to changing economic conditions? And why do … institutions. When new technologies emerge, uncertainty results from a lack of understanding how the technology will fit with … prevailing ideologies and institutions. This uncertainty discourages investment in institutions and the cultural capital …

Why do some societies fail to adopt more efficient political and economic institutions in response to changing economic … productivity, cultural beliefs and institutions. In our model, production shocks that benefit one sector of the economy may induce …

Declining general trust has become a serious social issue in China in recent years. This paper attempts to understand … networks, it finds that the evolution of general trust is dependent on changes of the social interaction structure, and the … increases of both social and spatial distance may explain a decrease of the levels of cooperation and general trust. In addition …

We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …-level, idiosyncratic risk implies that distinct risk-sharing institutions - even those providing the same level of insurance - can lead to … different growth trajectories if they differently motivate risk-taking. Historically, risk sharing institutions were selected …