The Elasticity of Trust: How to Promote Trust in the Arab Middle East and the United States

Iris Bohnet, Benedikt Herrmann, Mohamad Al-Ississ, Andrea Robbett, Khalid Al-Yahia and Richard Zeckhauser
Additional contact information
Benedikt Herrmann: European Commission
Mohamad Al-Ississ: Harvard University
Khalid Al-Yahia: Dubai School of Government

Working Paper Series from Harvard University, John F. Kennedy School of Government

Abstract: 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.

Date: 2010-06
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://research.hks.harvard.edu/publications/work ... ?PubId=7355&type=WPN

Related works:
Working Paper: The Elasticity of Trust: How to Promote Trust in the Arab Middle East and the United States (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecl:harjfk:rwp10-031

Access Statistics for this paper

More papers in Working Paper Series from Harvard University, John F. Kennedy School of Government Contact information at EDIRC.
Bibliographic data for series maintained by ().