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Trust, calculativeness, and relationships: A special issue 20 years after Williamson's warning

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  • Guido M�llering

Abstract

This article addresses the relationship between trust and calculativeness. It summarises the arguments put forward by Oliver Williamson in 1993 (Williamson, O. E. [1993]. Calculativeness, trust, and economic organization. The Journal of Law and Economics, 36 , 453-486) and the debate that followed in the two decades afterwards. This includes a citation analysis of 432 articles from Web of Science indices. The article then introduces and discusses the five contributions to the Journal of Trust Research Special Issue on this topic. Overall, the debate points to pivotal issues for the conceptualization and empirical study of trust, especially the experience of Knightian uncertainty and the variety of bases for human relationships and interactions.

Suggested Citation

  • Guido M�llering, 2014. "Trust, calculativeness, and relationships: A special issue 20 years after Williamson's warning," Journal of Trust Research, Taylor & Francis Journals, vol. 4(1), pages 1-21, April.
    • Handle: RePEc:taf:jtrust:v:4:y:2014:i:1:p:1-21
    DOI: 10.1080/21515581.2014.891316
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    References listed on IDEAS

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    1. Lucien Karpik, 2010. "Valuing the Unique: The Economics of Singularities," Economics Books, Princeton University Press, edition 1, number 9215.
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    Cited by:

    1. Joseph A Hamm & Corwin Smidt & Roger C Mayer, 2019. "Understanding the psychological nature and mechanisms of political trust," PLOS ONE, Public Library of Science, vol. 14(5), pages 1-20, May.

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