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Soft Concepts in Economics: The Challenges of Researching Trust

Author

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  • Dóra Győrffy

    (Péter Pázmány Catholic University, Budapest
    Corvinus University of Budapest, Budapest)

Abstract

The paper surveys the challenges of researching soft concepts in economics through focusing on trust. Although there is increasing evidence about its importance for macroeconomic outcomes, tensions with the homo oeconomicus model as well as the difficulties of conceptualization and measurement imply significant difficulties for research. The paper argues that comparative economics with its systemic analysis and traditional openness to interdisciplinary approaches is particularly well-suited for resolving these challenges, and it could also provide a contribution to trust research through integrating macro-, meso- and micro-level analysis.

Suggested Citation

  • Dóra Győrffy, 2017. "Soft Concepts in Economics: The Challenges of Researching Trust," Society and Economy, Akadémiai Kiadó, Hungary, vol. 39(3), pages 301-320, September.
    • Handle: RePEc:aka:soceco:v:39:y:2017:i:3:p:301-320
    Note: With the usual caveats, the author is grateful for comments on an earlier version of this paper to László Csaba and two anonymous referees.
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    More about this item

    Keywords

    methodology of economics; post-communism; trust; trust research;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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