Article ID Journal Published Year Pages File Type
884110 Journal of Economic Behavior & Organization 2011 7 Pages PDF
Abstract

In supporting his thesis that “market behavior is morality embodied”, Professor Zak describes empirical studies on trust and oxytocin, with emphasis on his own work. I will discuss this work, suggesting that some conclusions are too enthusiastic.

Research highlights► Studies on trust and oxytocin by Paul Zak and coauthors are reviewed. ► The authors analyzed experimental data in doubtful ways, thus exaggerating results. ► The authors made highly doubtful cross-country comparisons.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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