By William D. Nelson
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Additional resources for Advances in Business & Management: Volume 2 (Advances in Business and Management)
1177-1203. , and V. Trindade, 2002, Ethnic Chinese networks in international trade, The Review of Economics and Statistics, 84,pp. 116-130. , 1983, Reason in Human Affairs, Oxford: Basil Blackwell. , 1999, Trust: a Sociological Theory, Cambridge: Cambridge University Press. , 1988, The Theory of Industrial Organization, 1st edition, London: MIT Press. , 1995, The case of missing trade and other mysteries, American Economic Review, 85, pp. 1029-1046. , 1998, Trust and democratic governance, in Braithwaite, V.
In most practical situations there is generally a combination of two types of trust and their relevance may differ from situation to situation. In this respect, the question also arises to what extent both types of trust rely on rational behaviour or not. Here the distinction can be made between calculative trust and moral trust. Apparently formal trust can be associated with calculative trust and rational behaviour. But it may be true that reliance on informal trust can also be regarded as rational.
Topical Themes Technology, Money, Finance, Poverty Property, Ecology etc. informing Bi-Polar Components Values: justice vs. efficiency Mkt. Limits: compensate vs. Exploit Systems: stakeholder vs. shareholder etc.  spanning Spanning Themes Character: virtue, wisdom Intention: goodwill, freewill Emotions: sentiments, passions etc. Figure 3. A stable framework Many other discussions of business ethics have focused upon a relatively stable set of topical themes such as technology, money, finance, poverty, property-rights and the environment (or health and safety) as well as globalization or international trade.
Advances in Business & Management: Volume 2 (Advances in Business and Management) by William D. Nelson