Genuine, non-calculative trust with calculative antecedents: Reconsidering Williamson on trust

@inproceedings{Cohen2014GenuineNT,
  title={Genuine, non-calculative trust with calculative antecedents: Reconsidering Williamson on trust},
  author={Marc A. Cohen},
  year={2014}
}
This short paper defends Oliver Williamson's claim that talk of trust is 'redundant at best and can be misleading' when trust is defined as a form of calculated risk (Williamson, O. E. [1993]. Calculativeness, trust, and economic organization. The Journal of Law and Economics, 36 , 453-486). And this paper accepts Williamson's claim that 'Calculative trust is a contradiction in terms'. But the present paper defends a conception of genuine, non-calculative trust that is compatible with… CONTINUE READING