Is it trust we model? An attempt to calculate the non-calculative

S. Rosenkranz, U. Weitzel

Research output: Working paperAcademic

Abstract

In this paper we characterize a situation in which non-calculative trust has to play a role in the decision to cooperate. We then analyze the given situation in game theoretical terms and distinguish those aspects of players' decisions that are cooperative from those that may be interpreted as being trustful. We argue that the cooperative aspect relates to incentives while the trustful (and thus non-calculative) aspect of the decision is related to the framing of the situation.
Original languageEnglish
Place of PublicationUtrecht
PublisherUU USE Tjalling C. Koopmans Research Institute
Number of pages26
Publication statusPublished - Apr 2005

Publication series

NameDiscussion Paper Series / Tjalling C. Koopmans Research Institute
No.12
Volume05
ISSN (Electronic)2666-8238

Keywords

  • trust
  • framing
  • focal points
  • alliances
  • cooperation

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