ISBN:
9781315716183
Language:
English
Pages:
Online-Ressource
,
illustrations
Edition:
Online-Ausg.
Series Statement:
Routledge advances in heterodox economics
Series Statement:
Routledge Advances in Heterodox Economics Ser.
Parallel Title:
Print version Trust and economics
DDC:
306.3/4
Keywords:
Trust Economic aspects
;
Economics
;
Exchange
;
Trust - Economic aspects
;
Electronic books
;
Electronic books
Abstract:
A lot of recent attention has been given to one of the central paradoxes of trust: namely how people can restrict self-interest in order to trust. Existing perspectives, theories, and models offer partial explanations, but this volume presents a novel framework that expands on the findings of recent studies of trust and exchange. This book offers a new angle for the understanding of exchange and trust in an interactive context, describes the interactive characteristics of trust in exchange systems, and develops a theory explaining the co-evolution of trust and exchange systems.A new framework
Description / Table of Contents:
5 Evolution and the stability of trustThe phenomena of the co-evolution of trust and exchange systems: Trust in barter and monetary economies; Micro-to-macro transition of trust in exchange systems: Trust in different interactive structures and populations; Stability of trust; Summary; 6 Varieties of trust; Theory of stochastic dynamics in Foster and Young (1990): Implication for varieties of changes in trust; Trust in overlapping networks: Noise and varieties of change; Summary; 7 Conclusions; Core contributions; Methodological applications; Implications; Future research directions; Index
Description / Table of Contents:
Cover; Title; Copyright; Dedication; Contents; List of figures; List of tables; Preface; Acknowledgments; List of abbreviations; 1 Introduction; The importance of trust in exchange; The paradoxes of trust; Existing explanations; Research questions and framework; Outline of the study; 2 Theory; Exchange and trust; Co-evolving trust and exchange systems: The implication of a theory of the system of trust; 3 Methodology; Basic concepts; Evolutionary modeling; Analysis in this study; 4 Emergence of trust; Trust in behavioral interdependence; Trust in evolutionary interdependence; Summary
Note:
Includes bibliographical references and index
URL:
Volltext
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