Trust under bounded rationality: Competence, value systems, unselfishness and the development of virtue

IF 1 Q4 MANAGEMENT

Intangible Capital Pub Date : 2019-03-28 DOI:10.3926/IC.1407

Natàlia Cugueró, Josep M. Rosanas

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引用次数: 4

Abstract

Purpose: This paper analyses the foundations of trust in a context of bounded rationality to arrive to the conclusion that for trust to be necessary is because individuals are bounded rational.Design/methodology/approach: Building on previous theoretical work we conceptually develop the reasoning involved to arrive deductively that bounded rationality provides a rationale for the concept of trust that goes beyond a calculative notion.Findings: We show that there are four reasons for trust to exist and that people assess probabilities to each in order to determine whether to trust a recipient, depending on each of the four. We also add to previous work and show how bounded rationality provides additional arguments to show how competence, value systems and unselfishness are necessary to underpin trust. We provide additional foundations to their three factors and we, focused on bounded rationality. We add the development of virtue as a crucial fourth aspect, which supports the argument that trust can be reinforced between people and developed through time.Originality/value: The concept of trust has been analyzed empirically, but it lacks some theoretical foundations to show under which assumptions trust is a requirement that goes beyond mere calculations, and can be developed or not through time. We also introduce how the concept of virtue has a major role in trust development.

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有限理性下的信任:能力、价值体系、无私与美德的发展

目的:分析有限理性背景下信任的基础，得出信任之所以必要是因为个体是有限理性的结论。设计/方法论/方法:在先前理论工作的基础上，我们从概念上发展了所涉及的推理，推断出有限理性为信任概念提供了一个超越计算概念的基本原理。研究结果:我们发现信任存在的原因有四个，人们根据这四个原因来评估每一个原因的概率，以决定是否信任一个接受者。我们还补充了之前的工作，并展示了有限理性如何提供额外的论据，以证明能力、价值体系和无私是支撑信任的必要条件。我们为这三个因素提供了额外的基础，我们专注于有限理性。我们将美德的发展作为关键的第四个方面，这支持了人与人之间的信任可以加强并随着时间的推移而发展的论点。原创性/价值:信任的概念已经得到了实证分析，但缺乏一些理论基础来证明，在哪些假设下，信任是一种超越单纯计算的要求，可以随着时间的推移而发展或不发展。我们还介绍了美德的概念如何在信任发展中发挥重要作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Intangible Capital MANAGEMENT-

CiteScore

1.50

自引率

16.70%

发文量

审稿时长

33 weeks

期刊介绍： The aim of Intangible Capital is to publish theoretical and empirical articles that contribute to contrast, extend and build theories that contribute to advance our understanding of phenomena related with management, and the management of intangibles, in organizations, from the perspectives of strategic management, human resource management, psychology, education, IT, supply chain management and accounting. The scientific research in management is grounded on theories developed from perspectives taken from a diversity of social sciences. Intangible Capital is open to publish articles that, from sociology, psychology, economics and industrial organization contribute to the scientific development of management and organizational science. Intangible Capital publishes scholar articles that contribute to contrast existing theories, or to build new theoretical approaches. The contributions can adopt confirmatory (quantitative) or explanatory (mainly qualitative) methodological approaches. Theoretical essays that enhance the building or extension of theoretical approaches are also welcome. Intangible Capital selects the articles to be published with a double bind, peer review system, following the practices of good scholarly journals. Intangible Capital publishes three regular issues per year following an open access policy. On-line publication allows to reduce publishing costs, and to make more agile the process of reviewing and edition. Intangible Capital defends that open access publishing fosters the advance of scientific knowledge, making it available to everyone. Intangible Capital publishes articles in English, Spanish and Catalan.