Is It Trust we Model? An Attempt to Calculate the Non-Calculative
AbstractIn this paper we characterize a situation in which non-calculative trust has to play a role in the decision to cooperate. We then analyse the given situation in game theoretical terms and distinguish those aspects of players’ decisions that are cooperative from those that may be interpreted as being trustful. We argue that the cooperative aspect relates to incentives while the trustful (and thus non-calculative) aspect of the decision is related to the framing of the situation.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 5067.
Date of creation: May 2005
Date of revision:
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Other versions of this item:
- Stephanie Rosenkranz & Utz Weitzel, 2005. "Is it trust we model? An attempt to calculate the non-calculative," Working Papers 05-12, Utrecht School of Economics.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
- D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-06-14 (All new papers)
- NEP-EVO-2005-06-14 (Evolutionary Economics)
- NEP-GTH-2005-06-14 (Game Theory)
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