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Brazilian Political Science Review (BPSR) is committed to the diffusion of high-work produced on topics of political science and international relations, thereby contributing to the exchange of ideas in the international political science community and the internationalization of scientific knowledge produced in Brazil.
Notice to Readers: All the datasets published by the Brazilian Political Science Review are available at: https://dataverse.harvard.edu/dataverse/bpsr
Brazilian Political Science Review (BPSR) is committed to the diffusion of high-work produced on topics of political science and international relations, thereby contributing to the exchange of ideas in the international political science community and the internationalization of scientific knowledge produced in Brazil.
Notice to Readers: All the datasets published by the Brazilian Political Science Review are available at: https://dataverse.harvard.edu/dataverse/bpsr
31/Aug/2008
DOI: 10.1590/1981-3838200800010002
The aim of this paper is to analyse the relationship between institutional economics of cooperation and the political economy of trust. Transactions costs, principal-agent theory, market power, increasing-returns theory and value creation, strategic management: competitive forces, resource-based theory, organisational knowledge and learning, strategic choice theory and collective efficiency theory are reviewed. Lastly, the political economy of trust is sustained.
Keywords: cooperation; Institutional economics; Political economy; Trust