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Why Trust Matters
An Economist's Guide to the Ties That Bind Us
Buch von Benjamin Ho
Sprache: Englisch

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Beschreibung
Have 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.
Have 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.
Über den Autor
Benjamin Ho is a professor of economics at Vassar College. He formerly served as lead energy economist for the White House Council of Economic Advisers.
Inhaltsverzeichnis
Acknowledgments
1. Economics of Trust
2. The History of Trust
3. Trust in the Modern Economy
4. Trusting Institutions with Expertise
5. Trusting One Another
6. Conclusion
Detailed Contents
Notes
Index
Details
Erscheinungsjahr: 2021
Fachbereich: Allgemeines
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Inhalt: Gebunden
ISBN-13: 9780231189606
ISBN-10: 0231189605
Sprache: Englisch
Einband: Gebunden
Autor: Ho, Benjamin
Hersteller: Columbia University Press
Maße: 225 x 153 x 30 mm
Von/Mit: Benjamin Ho
Erscheinungsdatum: 29.06.2021
Gewicht: 0,534 kg
Artikel-ID: 119225433
Über den Autor
Benjamin Ho is a professor of economics at Vassar College. He formerly served as lead energy economist for the White House Council of Economic Advisers.
Inhaltsverzeichnis
Acknowledgments
1. Economics of Trust
2. The History of Trust
3. Trust in the Modern Economy
4. Trusting Institutions with Expertise
5. Trusting One Another
6. Conclusion
Detailed Contents
Notes
Index
Details
Erscheinungsjahr: 2021
Fachbereich: Allgemeines
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Inhalt: Gebunden
ISBN-13: 9780231189606
ISBN-10: 0231189605
Sprache: Englisch
Einband: Gebunden
Autor: Ho, Benjamin
Hersteller: Columbia University Press
Maße: 225 x 153 x 30 mm
Von/Mit: Benjamin Ho
Erscheinungsdatum: 29.06.2021
Gewicht: 0,534 kg
Artikel-ID: 119225433
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