Abstract

This paper builds a simple analytical model to help one hand and the degree of trust one has in the other crystallize the often fuzzy concept of trust. Altogether, party on the other hand. Based on the model we identify seven properties of trust are derived. The findings lend a series of properties of trust. These properties shed support to some well-accepted views on trust yet shed new light on other interesting properties of trust. In light on ways in which trust affects cooperation beparticular, it is shown that trust supports cooperation tween parties. through its impact on two main threats to cooperation, namely fear and greed.

Links

• https://linkinghub.elsevier.com/retrieve/pii/S0749597896926734

Citation

Hwang, P., Burgers, W.P., 1997. Properties of Trust: An Analytical View. Organizational Behavior and Human Decision Processes 69, 67–73. https://doi.org/10/dzs269