Trust, cooperation, and market formation in the U.S. and Japan.

@article{Macy2002TrustCA,
  title={Trust, cooperation, and market formation in the U.S. and Japan.},
  author={Michael W. Macy and Yoshimichi Sato},
  journal={Proceedings of the National Academy of Sciences of the United States of America},
  year={2002},
  volume={99 Suppl 3},
  pages={
          7214-20
        }
}
Compared with the U.S., Japan is believed to have a collectivist culture that nurtures high trust. Results from laboratory and survey research, however, show that Americans are more likely to trust strangers than are Japanese. Why would trust be lower in a collectivist culture? We use an agent-based computational model to explore the evolutionary origin of this puzzling empirical finding. Computer simulations suggest that higher social mobility in the U.S. may be the explanation. With low… CONTINUE READING

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