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Trust - Forms, Foundations, Functions, Failures and Figures (Paperback)
Loot Price: R985
Discovery Miles 9 850
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Trust - Forms, Foundations, Functions, Failures and Figures (Paperback)
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Trust is an elusive concept, meaning different things to different
people, and so needs to be clearly defined. By focusing on
relations within and between firms, Bart Nooteboom undertakes to
produce a clearer definition of trust and its role in the economy.
Trust deals with a range of questions such as: what are the roles
of trust? What can we trust in? Can trust serve as an instrument
for the governance of relations? Is trust a substitute, a
precondition or an outcome of contracts? The author then goes on to
analyse what trust is based on, what its limits are, how it grows
and how it can also break down. The role of intermediaries is also
discussed. Bart Nooteboom argues that trust goes beyond calculative
self-interest and that blind, unconditional trust is unwise. He
then examines the paradox of how trust can be non-calculative and
yet, not blind. The book also reveals ways to measure and model
trust, its antecedents and its consequences.
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