The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
The working of economies relies on trust, with credit markets being a notable example. The evaporation of trust may precipitate the economy from a good to a bad state, with long-lasting and large scale structural changes, witness the 2007/8 global financial crisis. Drawing on insights from the literature on coordination games and network growth, we develop a simple model to clarify how trust breaks...
Set the date range to filter the displayed results. You can set a starting date, ending date or both. You can enter the dates manually or choose them from the calendar.