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The role of “relational goods” is almost unexplored in the literature, yet our experimental results document that, even in their weakest form (opportunity of meeting an unknown player at the end of an experimental game), they significantly affect important “lubricants” of economic...
Persistent link: https://www.econbiz.de/10005177033
Trust, trustworthiness and ethical norms of reciprocity and cooperation have been receiving more and more attention in economic analysis. In particular, two concepts have been widely used in order to study the socio-economic effects of these factors: the concept of social capital (hereafter also...
Persistent link: https://www.econbiz.de/10005582999
This essay studies the level of trustworthiness across Italian regions in relation to three variables: membership in cultural and recreational associations; membership in ecological, civil rights and peace associations; unpaid participation in voluntary service associations (solidarity...
Persistent link: https://www.econbiz.de/10010693160
Experimental evidence shows that people tend to be more cooperative with persons belonging to their own group than with others. Strangely enough, this literature largely fails to consider a type of group pervasive in modern societies: colleagues belonging to the same productive organization....
Persistent link: https://www.econbiz.de/10010699660
Trust in strangers is key for economic development. Social capital theory posits that participation in associations is essential to propagate trust in society, because membership instils trust both towards other members and generalised others. We provide an experimental test for this thesis. We...
Persistent link: https://www.econbiz.de/10010755775