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The Relationship Between Competition and Trust: An Essay in an Historical and Theoretical Perspective

In: Social Capital, Corporate Social Responsibility, Economic Behaviour and Performance

Author

Listed:
  • Sergio Beraldo
  • Gilberto Turati

Abstract

Competition is generally claimed to be good for social welfare, even though this claim is rarely coupled with a plain account of the circumstances under which it is actually true. Both the original connotation of the verb ‘to compete’ and the non-technical common use of the word, are grounded on the intuition that competition is a race (Blaug 2001). The view that the by-product of such a race is good beyond any reasonable doubt, is not questioned even in presence of those situations in which an impoverishment of the quality of the good supplied is observed as an effect of the race itself (e.g. Alsberg 1931).

Suggested Citation

  • Sergio Beraldo & Gilberto Turati, 2011. "The Relationship Between Competition and Trust: An Essay in an Historical and Theoretical Perspective," Palgrave Macmillan Books, in: Lorenzo Sacconi & Giacomo Degli Antoni (ed.), Social Capital, Corporate Social Responsibility, Economic Behaviour and Performance, chapter 4, pages 101-125, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-30618-9_5
    DOI: 10.1057/9780230306189_5
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    Citations

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    Cited by:

    1. Beraldo, Sergio & Caruso, Raul & Turati, Gilberto, 2013. "Life is now! Time preferences and crime: Aggregate evidence from the Italian regions," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 47(C), pages 73-81.
    2. Sergio Beraldo & Raul Caruso & Gilberto Turati, 2011. "Life is now! Time discounting and crime: evidence from the Italian regions (2002-2007)," ICER Working Papers 18-2011, ICER - International Centre for Economic Research.
    3. Sergio Beraldo & Raul Caruso & Gilberto Turati, 2012. "Life is Now! Time Discounting and Crime: Aggregate Evidence from the Italian Regions (2002-2007)," Working papers 013, Department of Economics and Statistics (Dipartimento di Scienze Economico-Sociali e Matematico-Statistiche), University of Torino.

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