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 analyze 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 Utrecht School of Economics in its series Working Papers with number 05-12.
Length: 26 pages
Date of creation: Apr 2005
Date of revision:
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Other versions of this item:
- Rosenkranz, Stephanie & Weitzel, Utz, 2005. "Is It Trust we Model? An Attempt to Calculate the Non-Calculative," CEPR Discussion Papers 5067, C.E.P.R. Discussion Papers.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
- 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-2005-10-29 (All new papers)
- NEP-EVO-2005-10-29 (Evolutionary Economics)
- NEP-SOC-2005-10-29 (Social Norms & Social Capital)
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