Relationships between Institutional Economics of Co-operation and the Political Economy of Trust

20 Pages Posted: 22 Apr 2009

See all articles by José G. Vargas-Hernández

José G. Vargas-Hernández

Universidad de Guadalajara, University Center for Economic and Managerial Sciences

Date Written: April 18, 2009

Abstract

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

Vargas-Hernandez, Josè G., Relationships between Institutional Economics of Co-operation and the Political Economy of Trust (April 18, 2009). Available at SSRN: https://ssrn.com/abstract=1391742 or http://dx.doi.org/10.2139/ssrn.1391742

Josè G. Vargas-Hernandez (Contact Author)

Universidad de Guadalajara, University Center for Economic and Managerial Sciences ( email )

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