Subject: Definitions of Trust | Distrust Premium | Expected Utility Theory | Definitions of Trust, Distrust Premium, Betrayal Premium, Properties of Trust, Expected Utility Theory | Properties of Trust | Betrayal Premium
jel: jel:D81 | jel:Z13
Trust has been discussed in many social sciences including economics, psychology, and sociology. However, there is no widely accepted definition of trust. Inparticular, there is no definition that can be used for economic analysis. This paper regards trust as expectatio... View more
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