Soft Concepts in Economics: The Challenges of Researching Trust

Dóra Győrffy ()
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Dóra Győrffy: Péter Pázmány Catholic University, Budapest

Society and Economy, 2017, vol. 39, issue 3, 301-320

Abstract: The paper surveys the challenges of researching soft concepts in economics through focusing on trust. Although there is increasing evidence about its importance for macroeconomic outcomes, tensions with the homo oeconomicus model as well as the difficulties of conceptualization and measurement imply significant difficulties for research. The paper argues that comparative economics with its systemic analysis and traditional openness to interdisciplinary approaches is particularly well-suited for resolving these challenges, and it could also provide a contribution to trust research through integrating macro-, meso- and micro-level analysis.

Keywords: methodology of economics; post-communism; trust; trust research (search for similar items in EconPapers)
JEL-codes: A13 B41 P51 (search for similar items in EconPapers)
Date: 2017
Note: With the usual caveats, the author is grateful for comments on an earlier version of this paper to László Csaba and two anonymous referees.
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