The Role of Trust in Financial Sector Development

The Role of Trust in Financial Sector Development

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How does incomplete trust shape the transaction costs in trading assets? And how does it affect resource allocation and pricing decisions from rational, forward-looking agents?This paper a€” a product of the Financial Economics Unit, Financial Sector Practice Department a€” is part of a larger effort in ... Produced by the Policy Research Dissemination Center The role of trust in financial sector development by Biagio.

Title:The Role of Trust in Financial Sector Development
Author: Biagio Bossone
Publisher:World Bank Publications - 1999

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