
Why Trust Matters
Description
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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.
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Content
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
System requirements
File format: ePUB
Copy protection: Watermark-DRM (Digital Rights Management)
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