This would produce trust, constructive dialogue and mutual respect between society and the government.
Another feature of promises that make them a topic of philosophical concern is their role in producing trust, and by so doing facilitating social coordination and cooperation.
He criticizes Williamson and other institutional economists for treating hierarchy as the solution to opportunism, noting that hierarchical structures do not produce trust between actors, and for ignoring the social relations in which firms and other economic actors are embedded.
The very concept of agriculture that allowed civilization to flourish was built around trust – trust that food was going to be produced, trust that it would be distributed and not hoarded, and trust that there was some way of procuring that food in a consistent manner.
Nevertheless, Hall et al. (p. 632) argue that 'knowing more about what conditions produce trust and distrust, and why this matters, helps to craft the structure and financing of health care delivery in a manner that supports and enhances trust' [ 28].
35 37 Comparative cases were analysed in two stages: first each of the technologies within each trust, producing individual trust case studies; second, a comparative analysis across the trusts.
At that point the trust automatically converts to an income-producing trust.
For example, given an FDM that produces mutually trusted forensic data, the FAM and FWM services can be provided by any of the parties in any combination; their outputs are verifiable by any other party.
"If you asked most economists how they would produce more trust in a game, they would say change the payoffs or get the participants to play the game repeatedly: those are the standard tools.
Building on this, Granovetter (1985) emphasized personal relations and networks of such relations as essential mechanisms for producing sufficient trust for market transactions to take place.
