Economic Research Consultant of the IW AkademieTel: +49 221 4981-816 Mail: firstname.lastname@example.org
- Research Unit: Behavioral Economics and Business Ethics
- Joined the German Economic Institute in 2018
- Studied Business Administration at the University Duisburg-Essen
Generalized trust in other people is especially important in times of crisis. If there is a lack of trust, more control and sanctions are necessary, which result in transaction costs. In addition, all people suffer from control measures, even if only a few show wrongdoings.
Current developments at the workplace, such as digitalization, the demographic transition or the shift from a focus on shareholder value to a stakeholder approach, are bringing about rapid change.