Trust in risk sharing: a double-edged sword (Q6638748)
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scientific article; zbMATH DE number 7944807
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | Trust in risk sharing: a double-edged sword |
scientific article; zbMATH DE number 7944807 |
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Trust in risk sharing: a double-edged sword (English)
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14 November 2024
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The authors consider trust as a critical determinant of communities' ability to cooperate and construct a simple matching model of trust in risk sharing. The theoretical analysis of the model is done and the concepts of social norms and strong social norm are defined. The utility burning when strong social norms do not exist is analysed.
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coalitions
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limited enforcement
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risk sharing
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