Saturday, December 27, 2008

Ernst Fehr on Economics and Biology of Trust

I blogged before on Ernst Fehr's European Economics Association Lecture. The paper is now available from IZA. This is required reading for most of the people who read this blog. The lectures presents a wide ranging account of trust; its relation to risk preferences; additional qualities aside from risk preferences; neural mechanisms of trust and the possible causal role of trust in economic outcomes.

link here

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