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Oxytocin increases trust in humans
Trust pervades human societies. Trust is indispensable in friendship, love, families and organizations, and plays a key role in economic exchange and politics. In the absence of trust among tradingExpand
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Trust and Growth
Why does trust vary so substantially across countries? This paper presents a general equilibrium growth model in which heterogeneous agents transact and face a moral hazard problem. Agents may trustExpand
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Oxytocin Increases Generosity in Humans
Human beings routinely help strangers at costs to themselves. Sometimes the help offered is generous—offering more than the other expects. The proximate mechanisms supporting generosity are notExpand
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Oxytocin is associated with human trustworthiness
Human beings exhibit substantial interpersonal trust-even with strangers. The neuroactive hormone oxytocin facilitates social recognition in animals, and we examine if oxytocin is related toExpand
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Testosterone Administration Decreases Generosity in the Ultimatum Game
How do human beings decide when to be selfish or selfless? In this study, we gave testosterone to 25 men to establish its impact on prosocial behaviors in a double-blind within-subjects design. WeExpand
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Empathy toward Strangers Triggers Oxytocin Release and Subsequent Generosity
Empathy is related to a variety of prosocial behaviors, but the brain mechanisms producing the experience of empathy have not been fully characterized. This study investigated whether the experienceExpand
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Political risk and capital flight
Capital flight often amounts to a substantial proportion of GDP when developing countries face crises. This paper presents a portfolio choice model that relates capital flight to rate of returnExpand
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Oxytocin Levels in Social Anxiety Disorder
Oxytocin is a neuropeptide recently associated with social behavior in animals and humans, but the study of its function in populations with social deficits such as autism, schizophrenia, and socialExpand
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The Physiology of Moral Sentiments
Adam Smith made a persuasive case that "moral sentiments" are the foundation of ethical behaviors in his 1759 The Theory of Moral Sentiments. This view is still controversial as philosophers debateExpand
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Building Trust: Public Policy, Interpersonal Trust, and Economic Development
Zak & Knack (2001) demonstrate that interpersonal trust substantially impacts economic growth, and that sufficient interpersonal trust is necessary for economic development. To investigate theExpand
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