Tacit cartels did not arise in experimental triopoly markets even with the help of detailed instructions to prospective cartel members on how to coordinate actions. In duopoly markets tacit cartels were successful, with winning bids and supporting “pass” bids increasing gradually. A simulated third bidder, entering with known probability, prevented the buildup of cartel prices in duopoly market...

Interactive access control allows a server to compute on the fly missing credentials needed to grant access and to adapt its responses on the basis of client’s presented and declined credentials. Yet, it may disclose too much information on what credentials a client needs. Automated trust negotiation allows for a controlled disclosure on what credentials a client has during a mutual disclosure ...

It is difficult for large and geographically dispersed organisations to manage personal knowledge for easy discovery and sharing, especially in the areas of identification, indexing and codification of the knowledge held in people’s heads and the cultural issues of discovery, mutual trust and sharing. We have prototyped a methodology based on mind mapping and a relational database to codify, in...

Effective bidirectional communication between attending physicians and long-term care facilities is of critical importance to ensure timely, appropriate, and high-quality care that is responsive to residents’ needs, values, and preferences. Ongoing communication with residents and residents’ families is essential to the establishment of mutual trust and respect. This earned trust and respect in...

Whether incentive contracts perform better than trust in terms of productive efficiency is usually explored by principal-agent experiments (most involving only one agent). We investigate this issue in the context of a three-person ultimatum experiment, which is simpler and more neutrally framed than traditional principal-agent designs. Contrary to the game theoretic prediction, we find that (mu...

This paper describes the components of a two-phase model for simulating trust amongst clients and their Wealth Management Advisers (WMAs). In phase one, an artificial life model was used to assess the dynamics of trust. In phase two, the model is extended to utilise real data from a corporate database of client information. The Alife model highlighted the need for information not captured direc...

Objectives/characteristics of supply chain management are compared to marketing definitions. General conclusions for marketing: importance of mutual trust is increased, and marketer loses some autonomy and must be prepared to submit marketing process decisions to a joint team process involving seller, buyer and intermediary parties such as distribution channel members.

This paper reflects on the change of relations among participants in nanotechnology governance through their participation in governance processes such as stakeholder dialogues. I show that policymaking in practice-that is, the practice of coming and working together in such stakeholder dialogues-has the potential for two-fold performative effects: it can contribute to the development of trust ...

Abstract This article adds nuance to current understandings of the relationship between populist leader and public by using concept trust. Merging literature on populism with growing scholarship trust from philosophy, psychology other social sciences, it argues that following leader’s appeals similarity, populist–public involves an intertwining two forms trust: public’s in itself (what we term ...

This document presents brief software specification of a secure file exchange system prototype involving mutual authentication of the users via their browser and the application server with PKI-based certificates as credentials, the use of LDAP for credential management, and authentication between the application and database servers to maintain a high level of trust between all parties.