Methodological Interactionism: Theory and Application to the Firm and to the Building of Trust
AbstractRecent insights from the ‘embodied cognition’ perspective in cognitive science, supported by neural research, provide a basis for a ‘methodological interactionism’ that transcends both the methodological individualism of economics and the methodological collectivism of (some) sociology, and is consistent with insights from social psychology. It connects with a Mengerian exchange perspective and Hayekian view of dispersed knowledge from Austrian economics. It provides a basis for a new, unified social science that integrates elements from economics, sociology, social psychology and cognitive science. This paper discusses the roots of this perspective, in theory of cognition and meaning, and illustrates its application in a summary of a social-cognitive theory of the firm and an analysis of processes by which trust is built up and broken down.
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Bibliographic InfoPaper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2007-5.
Date of creation: 2007
Date of revision:
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Web page: http://center.uvt.nl
methodology; philosophy of economics; theory of the firm; trust;
Other versions of this item:
- Bart Nooteboom, 2007. "Methodological interactionism: Theory and application to the firm and to the building of trust," The Review of Austrian Economics, Springer, vol. 20(2), pages 137-153, September.
- Nooteboom, B., 2007. "Methodological interactionism: Theory and application to the firm and to the building of trust," Open Access publications from Tilburg University urn:nbn:nl:ui:12-284231, Tilburg University.
- A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
- M14 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
- B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-02-17 (All new papers)
- NEP-CBE-2007-02-17 (Cognitive & Behavioural Economics)
- NEP-KNM-2007-02-17 (Knowledge Management & Knowledge Economy)
- NEP-SOC-2007-02-17 (Social Norms & Social Capital)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Nooteboom, B., 2006. "Human Nature in the Adaptation of Trust," Discussion Paper 2006-37, Tilburg University, Center for Economic Research.
- Williamson, Oliver E, 1993. "Calculativeness, Trust, and Economic Organization," Journal of Law and Economics, University of Chicago Press, vol. 36(1), pages 453-86, April.
- Nooteboom, B., 2005. "Elements of a Cognitive Theory of the Firm," Discussion Paper 2005-46, Tilburg University, Center for Economic Research.
- Siegwart Lindenberg, 2000. "It Takes Both Trust and Lack of Mistrust: The Workings of Cooperation and Relational Signaling in Contractual Relationships," Journal of Management and Governance, Springer, vol. 4(1), pages 11-33, March.
- Guido Fioretti, 2002.
"Individual Contacts, Collective Patterns - Prato 1975-97, a Story of Interactions,"
Tinbergen Institute Discussion Papers
02-109/3, Tinbergen Institute.
- Fioretti, Guido, 2008. "Individual Contacts, Collective Patterns. Prato 1975-97, a story of interactions," MPRA Paper 8202, University Library of Munich, Germany.
- Guido Fioretti, 2005. "Individual Contacts, Collective Patterns. Prato 1975-97, a story of interactions," Urban/Regional 0504010, EconWPA.
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