Cantitate/Preț
Produs

Trust, Control, and the Economics of Governance: Routledge Studies in Trust Research

Autor Philipp Herold
en Limba Engleză Paperback – 31 mar 2021
In today’s world, we cooperate across legal and cultural systems in order to create value. However, this increases volatility, uncertainty, complexity, and ambiguity as challenges for societies, politics, and business. This has made governance a scarce resource. It thus is inevitable that we understand the means of governance available to us and are able to economize on them. Trends like the increasing role of product labels and a certification industry as well as political movements towards nationalism and conservatism may be seen as reaction to disappointments from excessive cooperation. To avoid failures of cooperation, governance is important – control through e.g. contracts is limited and in governance economics trust is widely advertised without much guidance on its preconditions or limits.


This book draws on the rich insight from research on trust and control, and accommodates the key results for governance considerations in an institutional economics framework. It provides a view on the limits of cooperation from the required degree of governance, which can be achieved through extrinsic motivation or building on intrinsic motivation. Trust Control Economics thus inform a more realistic expectation about the net value added from cooperation by providing a balanced view including the cost of governance. It then becomes clear how complex cooperation is about ‘governance accretion’ where limited trustworthiness is substituted by control and these control instances need to be governed in turn.


Trust, Control, and the Economics of Governance is a highly necessary development of institutional economics to reflect progress made in trust research and is a relevant addition for practitioners to better understand the role of trust in the governance of contemporary cooperation-structures. It will be of interest to researchers, academics, and students in the fields of economics and business management, institutional economics, and business ethics.


Note that this work is the first of its kind that explicitly reflects on the societal realities, how these drive the assumption setting process, and how these assumptions influence the theory outcome.
Citește tot Restrânge

Toate formatele și edițiile

Toate formatele și edițiile Preț Express
Paperback (1) 26765 lei  6-8 săpt.
  Taylor & Francis – 31 mar 2021 26765 lei  6-8 săpt.
Hardback (1) 75704 lei  6-8 săpt.
  Taylor & Francis – 17 iun 2019 75704 lei  6-8 săpt.

Din seria Routledge Studies in Trust Research

Preț: 26765 lei

Preț vechi: 32530 lei
-18% Nou

Puncte Express: 401

Preț estimativ în valută:
5124 5571$ 4289£

Carte tipărită la comandă

Livrare economică 14-28 decembrie

Preluare comenzi: 021 569.72.76

Specificații

ISBN-13: 9780367786151
ISBN-10: 036778615X
Pagini: 222
Dimensiuni: 152 x 229 x 15 mm
Greutate: 0.34 kg
Ediția:1
Editura: Taylor & Francis
Colecția Routledge
Seria Routledge Studies in Trust Research

Locul publicării:Oxford, United Kingdom

Public țintă

Postgraduate

Notă biografică

Philipp Herold earned his PhD in economics from the Leipzig Graduate School of Management, Germany with the support of the Dr. Werner Jackstädt Foundation. He is a corporate finance professional in the insurance industry.

Cuprins

1: Introduction; 2: Understanding of Trustworthiness as an Intrinsic Institution; 3: The Proposed Heuristic; 4: Use-Test of the Game of Trust and Control; 5: Conceptual Evaluation of the Heuristic; 6: Concluding Remarks

Descriere

Trust, Control, and the Economics of Governance is a highly necessary development of institutional economics to reflect progress made in trust research and is a relevant addition for practitioners to better understand the role of trust in the governance of contemporary cooperation-structures.