The Right Amount of Trust
Jeffrey Butler
Paola Giuliano
Luigi Guiso
Highly trustworthy individuals think others are like them and tend to form beliefs that are too optimistic, causing them to assume too much social risk, to be cheated more often and ultimately perform less well than those who happen to have a trustworthiness level close to the mean of the population. On the other hand, the low-trustworthiness types form beliefs that are too conservative … Read more »»»
