Trust me, I’m an economist
The New Bazaar
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Building Trust in the Trust Games
Inpatience is a key component to building trust in these games, right? Inpatience has two roles. One role is that patience is important because it creates more and more repeated inte action. And the second is that impatient people are willing to invest in the future. The so the longer term the relationship is, the longer term thinking that the players have involved in that relationship, the better. That's how we form trus or distrust, depending on the case.
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