Trust and Reciprocity: Interdisciplinary Lessons for Experimental Research

By Elinor Ostrom, James M. Walker

Categories: Business & Money, Politics & Social Sciences

Edited by Nobel laureate Elinor Ostrom and economist James M. Walker, this volume brings together research on trust and reciprocity from several disciplines. Contributors from economics, psychology, political science, anthropology and biology examine how trust develops, why people reciprocate and how cooperation is sustained. Combining laboratory experiments with field research, the book explores why trust is essential to social and economic life and how institutions can encourage it.

Recommended by 1 person

• Shane Parrish: “Trust is a key component to any relationship. Those who share it reap the benefits of compounding and velocity. Those who lack it design contracts, exploit loopholes, and go slower. Trust then in essential to moving quickly. This book is a window into how we decide to trust.”