Trust is a ubiquitous feature of human interactions and plays a significant role in many commercial and economic situations. We examine the relationship between trust and game theory and contrast this with recent evidence from neuroeconomics. Finally we illustrate by computer simulation the evolution of trust in a model of the interaction of financial advisors and their clients.
|Title of host publication||Coping With the Complexity of Economics|
|Editors||Marisa Faggini, Thomas Lux|
|Place of Publication||Italy|
|Number of pages||16|
|Publication status||Published - 2008|