社会関係資本と信頼概念

概要

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Social Capital offers trust. Maximization of self interests is the target of economics and is likely to weaken the cooperation among people. Many economic theories have tried to realize the cooperation but in vain. Social Capital is free from self interests maximization and helps cooperation because it fosters trust. Trust can help decisions and actions when we do not know whether people behave opportunitically. Social exchanges increase the information of the other party that we will trust. Using the infromation acquired from social exchanges, we are willing to be vulnerable to the actions of the other based on the expectation that the other will perform a particular action important to us.