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The researchers asked participants to play hypothetical monetary trust games and conduct ratings of faces that were artificially distorted to mimic a lens at various lengths from a person's face (so that they could control for things like lighting).
First, it validates the use of the typical monetary trust game as an effective tool to study trust and reciprocity.
Here we studied a trust game based on physical effort and compared the results with those of a computationally equivalent monetary trust game.
The physical effort condition that we introduced here may be seen as a new tool to study trust and reciprocity, complementing the use of monetary trust games.
However, these results were generally obtained using exchanges of money, and how this "monetary trust and reciprocity" can extrapolate to other contexts, such as effort, is still largely unknown [25].
If trust and reciprocity differ between exchanges of money and effort, then caution is necessary when generalizing the results of the monetary trust games to the domain of effort.
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Many politicians have personal: Identity PACs, Monetary trusts and Defense funds.
The results of DONTKNOW1 and OPTION show that investors are generally willing to assume the monetary risks of a trust gamble, but many are unwilling to assume the emotional risks associated with learning their trusted counterpart chose to betray.
Along with all the monetary losses, loosing consumers' trust and company's reputation is even the worst part that Samsung has to deal with.
When an investor chooses not to trust, the monetary welfare gains from social exchange are not realized.
The idea was that politicians could not be trusted with monetary policy, lest they use their power to boost their electoral chances.The implication was that technocrats were better at running economies than elected officials.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com