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BEGIN:VEVENT
UID:d377e69e0f45aa18b45ff45d22bf16ac
CATEGORIES:Seminars
CREATED:20191209T101805
SUMMARY:Lunch Seminar: Alexey Makarin - EIEF
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:Affinity and Trust joint with Luigi Guiso\nAbstract:\nMutually beneficial t
 rades often rely on both trust and trustworthiness. In exchanges where no p
 rior history of behavior is observable, however, where does trust come from
 ? Recent evidence suggests that the level of affinity felt between parties 
 in an exchange positively affects trustworthiness and can, therefore, affec
 t trust beliefs. We propose a simple model incorporating affinity which pre
 dicts a positive relationship between trust beliefs, affinity, and trustwor
 thiness and a negative relationship between the dispersion of trust beliefs
  and affinity. Furthermore, trust beliefs are slower to update in light of 
 a shock to trustworthiness when affinity is high. We show that the model's 
 predictions are supported by data from a proprietary survey of Italian entr
 epreneurs and a large international survey (Eurobarometer).\n
DTSTAMP:20260404T094910Z
DTSTART:20191211T130000Z
DTEND:20191211T134000Z
SEQUENCE:0
TRANSP:OPAQUE
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