BEGIN:VCALENDAR VERSION:2.0 PRODID:-//jEvents 2.0 for Joomla//EN CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VEVENT UID:d377e69e0f45aa18b45ff45d22bf16ac CATEGORIES:Seminars CREATED:20191209T101805 SUMMARY:Lunch Seminar: Alexey Makarin - EIEF DESCRIPTION;ENCODING=QUOTED-PRINTABLE:
Affinity and Trust joint with Luigi Gui so
Abstract:
Mutually beneficial trades often rely on both trust and trustworthiness. In exchanges where no prior history of behavior is observa ble, however, where does trust come from? Recent evidence suggests that the level of affinity felt between parties in an exchange positively affects t rustworthiness and can, therefore, affect trust beliefs. We propose a simpl e model incorporating affinity which predicts a positive relationship betwe en trust beliefs, affinity, and trustworthiness and a negative relationship between the dispersion of trust beliefs and affinity. Furthermore, trust b eliefs are slower to update in light of a shock to trustworthiness when aff inity is high. We show that the model's predictions are supported by data f rom a proprietary survey of Italian entrepreneurs and a large international survey (Eurobarometer).
DTSTAMP:20240329T115433Z DTSTART:20191211T130000Z DTEND:20191211T134000Z SEQUENCE:0 TRANSP:OPAQUE END:VEVENT END:VCALENDAR