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Trust and Social Control: Sources of Cooperation,Performance, and Stability in Informal Value Transfer Systems |
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| Authors: | Gräbner Claudius Elsner Wolfram Lascaux Alex |
| Affiliation: | 1.Institute for Socioeconomics, University of Duisburg-Essen, Duisburg, Germany ;2.Institute for the Comprehensive Analysis of the Economy (ICAE), Johannes Kepler University Linz, Linz, Austria ;3.ZOE. Institute for Future-Fit Economies, Bonn, Germany ;4.Faculty of Business Studies and Economics, Institute of Economics, University of Bremen, Bremen, Germany ;5.Russian Presidential Academy of National Economy, Moscow, Russia ; |
| Abstract: | Computational Economics - We study the functioning of informal value transfer systems through the example of Hawala. By complementing the institutional theory with computational experiments that... |
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