About the Project
In the pervasive presence of incomplete contracts, a substantial degree of trust is necessary for the facilitation of a wide range of economic activities. In organizational settings, trust reduces the necessity for costly monitoring activities. Being trusted can also affect an agent's motivation to work and can be inferred by agents depending on the incentive structures in place, the wages of one's peers or the kinds of tasks that are allocated to them (Akerlof, 1982; Cohn et al., 2014, Abraham…
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