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Trust and Reciprocity: Interdisciplinary Lessons for Experimental Research
Trust is essential to economic and social transactions of all kinds, from choosing a marriage partner, to taking a job, and even buying a used car. The benefits to be gained from such transactions originate in the willingness of individuals to take risks by placing trust in others to behave in cooperative and non-exploitative ways. But how do humans decide whether or not t ...more
Paperback, 409 pages
Published July 1st 2005 by Russell Sage Foundation Publications
(first published February 27th 2003)
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Elinor Ostrom won the 2009 Nobel Prize in Economics.More about Elinor Ostrom...