Chronic losses from over-trusting create powerful incentives to abandon the disposition

Evidence

If I am always trusting, I will be the gullible target of increasingly many people. After losing repeatedly from my excessive trust, I will have overwhelming incentive to alter my disposition. I might still have a risk-taking disposition, but this will be more limited in that it will not lead me to take egregious risks. — Russell Hardin, Trust and Trustworthiness, 211

Categorization

  • XREF: connects to: Neoliberal abandonment forces a hardened self-reliance that blocks trust and long-term commitment — Mark Fisher (edited by Darren Ambrose), K-Punk: The Collected and Unpublished…, 1934