Relationships between Institutional Economics of Co-operation and the Political Economy of Trust
20 Pages Posted: 22 Apr 2009
Date Written: April 18, 2009
The aim of this paper is to analyze the relationship between the institutional economics of co-operation and the political economy of trust. It is reviewed the transactions costs, the principal – agent theory, market power, increasing-returns theory and value creation, strategic management: competitive forces, resource-based theory, organizational knowledge and learning, strategic choice theory and the collective efficiency theory. Finally, it is sustained the political economy of trust.
Keywords: Co-operation, institutional economics, political economy, trust
JEL Classification: B52, D02, P48
Suggested Citation: Suggested Citation