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

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  • Nooteboom, B.

    (Tilburg University, Center for Economic Research)

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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Bibliographic Info

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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Web page: http://center.uvt.nl

Related research

Keywords: methodology; philosophy of economics; theory of the firm; trust;

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  1. 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.
  2. 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.
  3. Nooteboom, B., 2005. "Elements of a Cognitive Theory of the Firm," Discussion Paper 2005-46, Tilburg University, Center for Economic Research.
  4. Nooteboom, B., 2006. "Human Nature in the Adaptation of Trust," Discussion Paper 2006-37, Tilburg University, Center for Economic Research.
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Cited by:
  1. Guido Fioretti, 2002. "Individual Contacts, Collective Patterns - Prato 1975-97, a Story of Interactions," Tinbergen Institute Discussion Papers 02-109/3, Tinbergen Institute.

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