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This paper provides an introduction to the concept of social capital, and carries out a critical review of the empirical literature on social capital and economic development. The survey points out six main weaknesses affecting the empirics of social capital. Identified weaknesses are then used...
Persistent link: https://www.econbiz.de/10005835508
heterogeneity, and human capital have an effect upon neighborhood trust, which is ordinarily considered as a kind of particularized … trust. The major findings are as follows: (1) Income inequality is associated with low trust for both young and the old … generations. (2) Age homogeneity and education have a detrimental effect on trust. However, this tendency is not observed when the …
Persistent link: https://www.econbiz.de/10005835787
We study experimentally the effect of expectations on trustworthiness. Most subjects respond with untrustworthy behavior if they find out that little is expected from them. This suggests that guilt aversion plays an important role in inducing trustworthiness.
Persistent link: https://www.econbiz.de/10005836248
suggested a model proposing that interpersonal commitment mediates the effect of trust and reciprocity on interorganizational … demonstrated that the relationship between trust and interorganizational commitment is in fact mediated by interpersonal commitment … commitment through trust, thereby ultimately helping to strengthen interorganizational commitment. …
Persistent link: https://www.econbiz.de/10005836673
buyers). We describe two kinds of models of trust for such networked environments, absolute and relativized models, and use …
Persistent link: https://www.econbiz.de/10005836924
to synthesize 10 essays on relationships between five constructs – reciprocity, trust, cooperation, interorganizational …, interpersonal commitments, reciprocity and trust. The ultimate outcome of this process is stability and maturity, which means … influence the content of their relationships. Another practical implication is that trust and reciprocity should be viewed …
Persistent link: https://www.econbiz.de/10005837201
Principals can attempt to get agents to perform certain actions preferable to the principal by using ex post punishments or rewards to align incentives. Field data is mixed on whether, and to what extent, such informal incentive contracting (paradoxically) crowds out efficient solutions to the...
Persistent link: https://www.econbiz.de/10005837308
built on social interactions, social norms and trust. Secondly, it argues that social capital affects economic outcomes as a …
Persistent link: https://www.econbiz.de/10005837391
trust our leaders to exercise a reasonable degree of integrity – both with respect to observing and practising the law, who …
Persistent link: https://www.econbiz.de/10009203630
political institutions) towards economic growth. Utilizing the World Value Survey (WVS)’s trust variable that has often been … studies, this study shows that WVS’ trust data suffer severe missing observation problem and the panel fixed effect estimation … of social capital beyond the WVS trust indicator. The results also indicate that political institutions effect on growth …
Persistent link: https://www.econbiz.de/10011258083