Trust is encapsulated interest achievable through many incentive mechanisms

Evidence

Understanding that others will be trustworthy when their incentives are right, as in the encapsulated-interest account of trust, may hold greater, quicker promise for grasping those opportunities. This requires seeing the choices of others from their perspective to comprehend their incentives. Then trust becomes fully strategic. It is no longer merely induction on senseless facts. — Russell Hardin, Trust and Trustworthiness, 603 (#exemplifies, via linked claim)

Categorization

• XREF: connects to: Reciprocal trust creates mutual incentives for trustworthiness — Nicolas Baumard, A mutualistic approach to morality: The…, 166; Trust is anchored in a grasp of the other’s interests, not just behavior prediction; Trust is fully strategic, requiring the truster to account for the trusted’s reciprocity (+25 more)

Related

• Learning-based trust fits the encapsulated-interest model through iterated incentives (similarity 0.94)
• Building stable relations generates the incentives that produce trust (similarity 0.90)
• Trust relationships self-maintain once the parties recognize mutual benefit (similarity 0.90)
• Reciprocal trust multiplies each party’s incentive to be trustworthy (similarity 0.90)
• Rational trust requires both trusted’s incentives and truster’s knowledge (similarity 0.88)
• Trust rests on the trusted party’s self-interest, not on their personal character (similarity 0.88)
• Trust requires knowing the other’s incentives to honor it (similarity 0.87)
• Trustworthiness is grounded in the trusted’s interest in maintaining a relationship (similarity 0.87)
• Reciprocity motivations can be self-reinforcing where further interactions are plentiful (similarity 0.87)
• Repeated interaction transforms the incentives of a one-way trust game (similarity 0.87)
• Cost-driven market ties evolve into trust-laden partnerships over time (similarity 0.86)
• Trustworthiness beliefs are updated through a Bayesian-style learning process. (similarity 0.86)
• Forced interdependence can generate trust almost instantly (similarity 0.86)
• Trust rests on the trusted person’s commitments and incentives, not just expected behavior. (similarity 0.86)
• Voluntary acts of personal trust give the trusted party an incentive to be trustworthy (similarity 0.85)

Broader Connections

• Future gains from continued interaction function as both incentive and sanction for trust. #exemplifies (0.95)
• Learning-based trust fits the encapsulated-interest model through iterated incentives #exemplifies (0.92) — Russell Hardin, Trust and Trustworthiness, 603
• Mutual trust in iterated exchange is selffulfilling through aligned incentives #exemplifies (0.90)
• Institutional and legal constraints give people strong external incentives to be trustworthy #exemplifies (0.90)
• Reciprocal trust multiplies each party’s incentive to be trustworthy #exemplifies (0.88) — Russell Hardin, Trust and Trustworthiness, 1016
• Building stable relations generates the incentives that produce trust #exemplifies (0.85)
• Trust requires both freedom to defect and constraints that make cooperation attractive #expands (0.82)
• Extending trust can create the trustworthy behavior it presumes #exemplifies (0.80)