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- W2172257944 abstract "Trust has been discussed in many social sciences including economics, psychology, and sociology. However, there is no widely accepted defin itionof trust. Inparticular, there is n o definition that can be used for economic analysis. This paper regards trust as expectation and defines it using expected utility theory together with concepts such as betrayal premium. In doing so, it rejects the widely accepted black-and-white view that (un) trustworthy people are always (un)trustworthy. This paper also discusses various determinants and properties of trust on the basis of the idea that trust is not simply a matter of intention." @default.
- W2172257944 created "2016-06-24" @default.
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- W2172257944 date "2009-12-01" @default.
- W2172257944 modified "2023-09-28" @default.
- W2172257944 title "DEFINING TRUST USING EXPECTED UTILITY THEORY" @default.
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- W2172257944 doi "https://doi.org/10.15057/18045" @default.
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