Trust is a costly risky investment expecting future cooperation

Evidence

Therefore, one common definition of trust is that it is a costly and risky investment in a person or entity, with the future expectation of cooperation. — Norenzayan, Ara, Big gods - how religion transformed…, 216

Categorization

Category: Definitional Content

• DEFINE: Precise operational definition of trust as costly risky investment — anchors the analytical vocabulary for the reader’s cross-text argument.

Related

• Trust is a degree of expected probability, not a separate decision layered onto risk. (similarity 0.83)
• Trust operates where parties are both free and constrained (similarity 0.82)
• Trust is a social relationship of investing responsibility in another for uncertain future return. (similarity 0.82)
• Trust requires both freedom to betray and constraint making the relationship worthwhile. (similarity 0.82)
• Trust functions as a lubricant that reduces economic transaction costs (similarity 0.81)
• Defining trust requires grounding it in mutual dependency relations (similarity 0.81)
• Trust can be purchased at the price of commitment expenditure (similarity 0.80)
• Trust is an over-flexible concept that demands precise definition. (similarity 0.80)
• Trust requires that the risky relationship be avoidable (similarity 0.80)
• Trust only matters when one’s best strategy depends on another’s actions (similarity 0.80)
• Trust is a theory about another’s future performance based on their claims (similarity 0.80)
• Trusting is only knowledge; acting on trust is what carries risk (similarity 0.80)
• Trust is confidence expressing faith in others’ probity or in abstract principles. (similarity 0.80)
• Trust is not a resource depleted by use (similarity 0.79)
• Trust is not chosen, a gamble, or an investment; only actions are (similarity 0.79)