Questions 1-10
Complete the notes below. Write ONE WORD ONLY for each answer.
Economics and Trust
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Trust relies on the stranger's 1
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The understanding of trust can reduce 2
How to measure trust
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People's ability of recognizing a person's 3
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Oxytocin will be released when 4 occurs
Experiments: two participants
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The first participant decides whether to lend the money or not.
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The second participant has no 5 to return the money
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Trust involves a 6 so it is conditional.
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If animals have 7 they will be seen to have oxytocin
Nash equilibrium:
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Participants have no 8 that the other person would change his or her decision.
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People under stress have 9 levels of oxytocin.
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Oxytocin is a social 10