z-logo
open-access-imgOpen Access
The Elasticity of Trust: How to Promote Trust in the Arab Middle East and the United States
Author(s) -
Iris Bohnet,
Benedikt Herrmann,
Mohamad Al-Ississ,
Andrea Robbett,
Khalid Al-Yahia,
Richard Zeckhauser
Publication year - 2010
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.1676290
Subject(s) - middle east , elasticity (physics) , political science , business , law , physics , thermodynamics
To trust is to risk. When we lend someone money, we make ourselves vulnerable, hoping or expecting that the borrower will reward our trust and return the money at a later stage, possibly with interest or a reciprocal favor added. This paper examines whether willingness to trust follows the same logic, that is, whether it responds to changes in the expected value of trusting, much like willingness to take risk responds to changes in the expected value of risk taking in various countries of the Arab Middle East, namely, Jordan, Saudi Arabia and the United Arab Emirates and in the United States.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.
Having issues? You can contact us here
Accelerating Research

Address

John Eccles House
Robert Robinson Avenue,
Oxford Science Park, Oxford
OX4 4GP, United Kingdom