The mafioso profits from deliberately injecting distrust into markets

Evidence

The second qualification, most evident from the example of Korea, is that it may be possible deliberately if deviously to create trust, which cannot always therefore be seen as a ‘by-product’, as Elster claims; and that at least one way of doing so is the way that Elster, after Tocqueville, does not believe is possible. — Diego Gambetta, Trust - Making and Breaking Cooperative…, 1666 (#corroborates, via linked claim)

Categorization

• XREF: connects to: The mafia persists as a stable equilibrium that profits from distrust — Diego Gambetta, The Sicilian Mafia The Business of…, 28; Selling guarantees rather than information is what produces mafioso behavior; Trust can be deliberately created by fabricating distrust — Diego Gambetta, Trust - Making and Breaking Cooperative…, 1666 (+7 more)

Related

• The mafioso profits directly from maintained distrust in the market. (similarity 0.89)
• The mafia persists as a stable equilibrium that profits from distrust (similarity 0.86)
• Selling guarantees rather than information is what produces mafioso behavior (similarity 0.85)
• Mafia protection makes distrust self-perpetuating and endogenous. (similarity 0.84)
• Mafia enforcement makes distrust rational and blights mutual-benefit competition (similarity 0.84)
• Mafia protection suppresses the emergence of honest-dealing business norms. (similarity 0.83)
• The mafia converts distrust into profit by enforcing resource monopolies (similarity 0.82)
• Mafia protection signals that distrusting others is rational (similarity 0.82)
• Mafia protection requires maintaining relations with the underworld it polices (similarity 0.82)
• Private enforcement can perversely suppress self-policing among market participants. (similarity 0.82)
• A free market in quality can dissolve the demand for mafia protection (similarity 0.81)
• Mafia apprenticeship deliberately inculcates generalized distrust (similarity 0.81)
• Mafia norms function as a self-perpetuating Nash equilibrium (similarity 0.81)
• Selective initiation into the Mafia serves as an efficient behavioral guarantee (similarity 0.81)
• Trust can be deliberately created by fabricating distrust (similarity 0.80)

Broader Connections

• Mafiosi attack rivals’ clients to undermine the rivals’ credibility #exemplifies (0.90)
• Trust can be deliberately created by fabricating distrust #corroborates (0.85) — Diego Gambetta, Trust - Making and Breaking Cooperative…, 1666
• Mafia enforcement makes distrust rational and blights mutual-benefit competition #expands (0.80)
• Self-fulfilling distrust becomes individually rational and resistant to disproof #expands (0.75)
• Universal distrust is too costly to be a rational strategy #qualifies (0.70)