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Methodological Interactionism: Theory and Application to the Firm and to the Building of Trust

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Author Info
Nooteboom, B. (Tilburg University, Center for Economic Research)

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Abstract

Recent 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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Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2007-5.

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Date of creation: 2007
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Handle: RePEc:dgr:kubcen:20075

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Find related papers by JEL classification:
A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
D21 - Microeconomics - - Production and Organizations - - - Firm Behavior
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; Social Responsibility
Z13 - Other Special Topics - - Cultural Economics - - - Social Norms and Social Capital; Social Networks Economic Anthropology
B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian

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  1. Fioretti, Guido, 2008. "Individual Contacts, Collective Patterns. Prato 1975-97, a story of interactions," MPRA Paper 8202, University Library of Munich, Germany. [Downloadable!]
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