000 a
999 _c30931
_d30931
008 221214b xxu||||| |||| 00| 0 eng d
020 _a9780231189606
082 _a330.019
_bHOB
100 _aHo, Benjamin
245 _aWhy trust matters : an economist's guide to the ties that bind us
260 _bColumbia University Press,
_c2021
_aNew York :
300 _aviii, 324 p. ;
_bill.,
_c23 cm
365 _b35.00
_cUSD
_d85.10
504 _aIncludes bibliographical references and index.
520 _aHave economists neglected trust? The economy is fundamentally a network of relationships built on mutual expectations. More than that, trust is the glue that holds civilization together. Every time we interact with another person-to make a purchase, work on a project, or share a living space-we rely on trust. Institutions and relationships function because people place confidence in them. Retailers seek to become trusted brands; employers put their trust in their employees; and democracy only works when we trust our government. Benjamin Ho reveals the surprising importance of trust to how we understand our day-to-day economic lives. Starting with the earliest societies and proceeding through the evolution of the modern economy, he explores its role across an astonishing range of institutions and practices. From contracts and banking to blockchain and the sharing economy to health care and climate change, Ho shows how trust shapes the workings of the world. He provides an accessible account of how economists have applied the mathematical tools of game theory and the experimental methods of behavioral economics to bring rigor to understanding trust. Bringing together insights from decades of research in an approachable format, Why Trust Matters shows how a concept that we rarely associate with the discipline of economics is central to the social systems that govern our lives.
650 _aBusiness and Economics
650 _aEconomics psychological aspects
650 _aGame theory
650 _aEconomie politique aspect psychologique
650 _aBitcoin
650 _aConspicuous consumption
650 _aDunbar number
650 _aFiat money
650 _aGift economies
650 _aGold
650 _aIdeological purity
650 _a Kyoto protocol
650 _aMarket economics
650 _a Oxytocin
650 _aPecking order
650 _aReligion
650 _a Money properties
942 _2ddc
_cBK