What are the three elements of trust?

Question

What are the three elements of trust?

Answer 1

friendship, personality, and will

Answer 2

OK Ryan...  are you having the Yahoo-ers doing your home work for you.  or are you cheating on a test?

Answer 3

sincerity, truthfulness and respect

Answer 4

1. Placement of trust allows actions that otherwise are not possible (i.e. trust allows actions to be conducted based on incomplete information on the case in hand).

   2. The person in whom trust is placed (trustee) is trustworthy, then the trustor will be better off than if he or she had not trusted. Conversely, if the trustee is not trustworthy, then the trustor will be worse off than if he or she had not trusted (this is reminiscent of a classical prisoner's dilemma).

   3. Trust is an action that involves a voluntary transfer of resources (physical, financial, intellectual, or temporal) from the truster to the trustee with no real commitment from the trustee (again prisoner's dilemma).