Trust, Control, and the Economics of Governance / (Record no. 96618384)
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| fixed length control field | 07149cam a2200613Ki 4500 |
| 001 - CONTROL NUMBER | |
| control field | 9780429286018 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | FlBoTFG |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20220520133847.0 |
| 006 - FIXED-LENGTH DATA ELEMENTS--ADDITIONAL MATERIAL CHARACTERISTICS | |
| fixed length control field | m o d |
| 007 - PHYSICAL DESCRIPTION FIXED FIELD--GENERAL INFORMATION | |
| fixed length control field | cr cnu|||unuuu |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 190607s2019 nyu ob 001 0 eng d |
| 040 ## - CATALOGING SOURCE | |
| Original cataloging agency | OCoLC-P |
| Language of cataloging | eng |
| Description conventions | rda |
| -- | pn |
| Transcribing agency | OCoLC-P |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9780429286018 |
| Qualifying information | (electronic bk.) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 0429286015 |
| Qualifying information | (electronic bk.) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9781000023343 |
| Qualifying information | (electronic bk. : EPUB) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 1000023346 |
| Qualifying information | (electronic bk. : EPUB) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9781000023275 |
| Qualifying information | (electronic bk. : Mobipocket) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 1000023273 |
| Qualifying information | (electronic bk. : Mobipocket) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9781000023206 |
| Qualifying information | (electronic bk. : PDF) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 1000023206 |
| Qualifying information | (electronic bk. : PDF) |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| Canceled/invalid ISBN | 9780367250904 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (OCoLC)1103918511 |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | (OCoLC-P)1103918511 |
| 050 #4 - LIBRARY OF CONGRESS CALL NUMBER | |
| Classification number | HF1359 |
| 072 #7 - SUBJECT CATEGORY CODE | |
| Subject category code | BUS |
| Subject category code subdivision | 070000 |
| Source | bisacsh |
| 072 #7 - SUBJECT CATEGORY CODE | |
| Subject category code | BUS |
| Subject category code subdivision | 008000 |
| Source | bisacsh |
| 072 #7 - SUBJECT CATEGORY CODE | |
| Subject category code | BUS |
| Subject category code subdivision | 063000 |
| Source | bisacsh |
| 072 #7 - SUBJECT CATEGORY CODE | |
| Subject category code | BUS |
| Subject category code subdivision | 085000 |
| Source | bisacsh |
| 072 #7 - SUBJECT CATEGORY CODE | |
| Subject category code | KJS |
| Source | bicssc |
| 082 04 - DEWEY DECIMAL CLASSIFICATION NUMBER | |
| Classification number | 338.9 |
| Edition number | 23 |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Herold, Philipp. |
| 245 10 - TITLE STATEMENT | |
| Title | Trust, Control, and the Economics of Governance / |
| Statement of responsibility, etc. | Philipp Herold. |
| 264 #1 - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE | |
| Place of production, publication, distribution, manufacture | New York, NY : |
| Name of producer, publisher, distributor, manufacturer | Routledge, |
| Date of production, publication, distribution, manufacture, or copyright notice | 2019. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 1 online resource. |
| 336 ## - CONTENT TYPE | |
| Content type term | text |
| Content type code | txt |
| Source | rdacontent |
| 337 ## - MEDIA TYPE | |
| Media type term | computer |
| Media type code | c |
| Source | rdamedia |
| 338 ## - CARRIER TYPE | |
| Carrier type term | online resource |
| Carrier type code | cr |
| Source | rdacarrier |
| 490 1# - SERIES STATEMENT | |
| Series statement | Routledge studies in trust research |
| 505 0# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | Cover; Half Title; Series; Title; Copyright; Dedication; Contents; 1 Introduction; 1.1. The Problem of Governing Cooperation; 1.2. The Need for a Framework to Economize on Governance Devices; 1.3. Structure of the Book; 2 Understanding of Trustworthiness as an Intrinsic Institution; 2.1. Trust: Expected Trustworthy Behavior; 2.1.1. Encapsulated Interest as the Rational Choice Account of Trust; 2.1.2. The Leap of Faith Account and Trust Propensity; 2.1.3. Transaction Cost Economics and the Rationality of Trust; 2.1.4. Agency Theory, Asymmetric Agency and Entrusting |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | 2.2. Control: Non-Opportunism and Other Institutions2.2.1. Non-Opportunism as a Feature of Trustworthiness; 2.2.2. Non-Opportunism as an Intrinsic Institution; 2.2.3. Opportunism and Empirical Conditions of "Conventional" Institutions; 2.3. On the Interplay of Trust and Control; 2.3.1. Substitutes vs. Complements; 2.3.2. Negative Indirect Effects: Crowding Out; 2.3.3. Positive Indirect Effects: Crowding In; 2.3.4. Framing Determining Sign of Indirect Effect; 3 The Proposed Heuristic; 3.1. "Trust Control Economics" as a Theoretical Framework |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | 3.1.1. Theoretical Underpinnings and Choice of Host Discipline3.1.2. Revisiting the Assumption Set; 3.1.3. Trust Control Economics; 3.1.4. On the Distinction Between Extrinsic and Intrinsic Governance; 3.2. The "Extended Trust Sentence" as Pattern of Trust Relations; 3.2.1. Recognizing the Empirical Conditions of the Trustee; 3.2.2. Recognizing Control as an Element of Circumstances: "Trustworthiness Accretion"; 3.2.3. Social Capital, Enforcement Capital and Trustees Trading in Freedom; 3.2.4. The Negative Extended Trust Sentence |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | 3.3. The "Game of Trust and Control" as Application in Practice3.3.1. Introduction; 3.3.2. Building the Game; 3.3.3. Possible Formalization of Non-Opportunism; 3.3.4. On the Notion of Control; 4 Use-Test of the Game of Trust and Control; 4.1. Calibration of the Non-Opportunism Parameter in Practice; 4.2. Information Intermediaries; 4.2.1. General Aspects; 4.2.2. Information Intermediaries Within the Primary Game; 4.2.3. On Sources for Indirect Signals/Cues; 4.2.4. On the Information Intermediary as Executing Trustee; 4.2.5. Limits to Information Intermediaries; 4.3. Control Facilitator |
| 505 8# - FORMATTED CONTENTS NOTE | |
| Formatted contents note | 4.3.1. General Aspects4.3.2. Chain of Governance; 4.3.3. (Sub-)Delegation and Remoteness; 4.3.4. Limits of Control in Practice; 4.3.5. Self-Commitment; 4.4. Risk Bearer; 4.4.1. General Aspects; 4.4.2. On Sub-Delegation and Ultimate Liability; 4.4.3. Limits to Risk Bearers; 4.4.4. On the Inherent Tension of Trust Industries; 5 Conceptual Evaluation of the Heuristic; 5.1. Framework for Evaluation; 5.2. Rigor vs. Relevance: Linking Theory and Problem; 5.3. Abstraction vs. Re-Enrichment: Linking Theory and User; 5.3.1. On the Heuristic Priming and Framing Trust Decisions |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | 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. |
| 588 ## - SOURCE OF DESCRIPTION NOTE | |
| Source of description note | OCLC-licensed vendor bibliographic record. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Economic policy |
| General subdivision | International cooperation. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Economic development |
| General subdivision | Finance. |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | BUSINESS & ECONOMICS / Industries / General. |
| Source of heading or term | bisacsh |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | BUSINESS & ECONOMICS / Business Ethics |
| Source of heading or term | bisacsh |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | BUSINESS & ECONOMICS / Strategic Planning |
| Source of heading or term | bisacsh |
| 650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | BUSINESS & ECONOMICS / Organizational Behavior |
| Source of heading or term | bisacsh |
| 856 40 - ELECTRONIC LOCATION AND ACCESS | |
| Materials specified | Taylor & Francis |
| Uniform Resource Identifier | <a href="https://www.taylorfrancis.com/books/9780429286018">https://www.taylorfrancis.com/books/9780429286018</a> |
| 856 42 - ELECTRONIC LOCATION AND ACCESS | |
| Materials specified | OCLC metadata license agreement |
| Uniform Resource Identifier | <a href="http://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf">http://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf</a> |
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