358,267 research outputs found

    Trust dynamics for collaborative global computing

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    Recent advances in networking technology have increased the potential for dynamic enterprise collaborations between an open set of entities on a global scale. The security of these collaborations is a major concern, and requires novel approaches suited to this new environment to be developed. Trust management appears to be a promising approach. Due to the dynamic nature of these collaborations,dynamism in the formation, evolution and exploitation of trust is essential. In this paper we explore the properties of trust dynamics in this context. Trust is formed and evolves according to personal experience and recommendations. The properties of trust dynamics are expressed through a formal model of trust. Specific examples, based on an e-purse application scenario are used to demonstrate these properties

    The co-evolution of social capital and financial development

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    This paper documents the co-evolution of social capital, measured as generalized trust, and financial development over the twentieth century. I use cross generations inherited trust of Americans with foreign ancestors to track trust in their home country in 1913 and 1990. The paper documents a positive cross-section relationship between trust and financial development in 1913. Then, I show that increasing trust is also associated with increasing financial development at the country level over the twentieth century. In other words, countries that experienced larger improvements in trust also experienced a stronger financial development. These results are robust to the introduction of real GDP per capita and trade openness as alternative determinants of financial development.Financial development, social capital, trust.

    The co-evolution of social capital and financial development

    Get PDF
    This paper documents the co-evolution of social capital, measured as generalized trust, and financial development over the twentieth century. I use cross generations inherited trust of Americans with foreign ancestors to track trust in their home country in 1913 and 1990. The paper documents a positive cross-section relationship between trust and financial development in 1913. Then, I show that increasing trust is also associated with increasing financial development at the country level over the twentieth century. In other words, countries that experienced larger improvements in trust also experienced a stronger financial development. These results are robust to the introduction of real GDP per capita and trade openness as alternative determinants of financial development.Financial development ; social capital ; trust

    Family Ties and Political Participation

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    We establish an inverse relationship between family ties, generalized trust and political participation. The more individuals rely on the family as a provider of services, insurance, transfer of resources, the lower is civic engagement and political participation. The latter, together with trust, are part of what is known as social capital, therefore in this paper we contribute to the investigation of the origin and evolution of social capital over time. We establish these results using within country evidence and looking at the behavior of immigrants from various countries in 32 different destination places.culture, family ties, trust
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