Trust

Abstract

Many social relationships are thought to require more than merely self interest in order to motivate responsive, especially cooperative, action. In particular, many relationships are thought to require trustworthiness and trust. Oddly, the focus of recent literature is on the need for trust rather than the benefits of trustworthiness, although trust could only make sense in dealings with those who are or who could be induced to be trustworthy. To trust the untrustworthy can be disastrous. If others are trustworthy, however, it is in my interest to trust them, because that will enable us to have relationships that are mutually beneficial, relationships that might not be as readily regulated by standard legal devices, such as contracting under sanction of law. That trust would be good when others are trustworthy does not mean that it would be good in general.

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