Trust requires the trusting party also hold a choice to withdraw
Evidence
Secondly, the action and hence the risks are avoidable: one does not have to engage in trade with another firm (although this implies forgoing the potential benefits of trade). Being able to avoid the relation is fundamental. If you could not, you might say something like: ‘I have no choice but to trust this person, institution, etc.’ Clearly, there being no choice, we need not invoke trust to explain our behaviour. Of course, as Luhmann (this volume) points out, whether or not a relation is seen to be avoidable is often highly subjective, and presumably varies in accordance with the structure of institutions and political power. — Diego Gambetta, Trust - Making and Breaking Cooperative…, 2510 (
#expands, via linked claim)
Categorization
- XREF: connects to: Credit clientelism removes the exit option that bargaining requires; Trust requires that the risky relationship be avoidable — Diego Gambetta, Trust - Making and Breaking Cooperative…, 2510; Organizations require the truster to retain a modicum of distrust
Related
- Trust requires that the risky relationship be avoidable (similarity 0.93)
- Building mutual trust requires confronting risk rather than avoiding it (similarity 0.86)
- Trust cannot be eliminated from ongoing economic relations. (similarity 0.82)
- Genuine trust requires one’s own freedom to exit a relationship (similarity 0.81)
- Distrust is unaffordable in aggregate even when exit is feasible from single relationships. (similarity 0.80)
- Trust is not chosen, a gamble, or an investment; only actions are (similarity 0.79)
- Trusting is only knowledge; acting on trust is what carries risk (similarity 0.79)
- Trust governs dealings only where kinship and contract cannot constrain others (similarity 0.79)
- Trust requires both freedom to betray and constraint making the relationship worthwhile. (similarity 0.78)
- Trust is rational action taken despite uncontrolled exposure to loss (similarity 0.78)
- Bounded rationality and inevitable surprise make trust irreducible in locked-in economic relations (similarity 0.78)
- Trust requires genuine choice, occupying the space between determinism and indeterminacy (similarity 0.78)
- Withholding trust feeds a self-reinforcing spiral of lost rational capacity. (similarity 0.78)
- Trust operates where parties are both free and constrained (similarity 0.78)
Broader Connections
- Trust requires that the risky relationship be avoidable
#expands(0.85) — Diego Gambetta, Trust - Making and Breaking Cooperative…, 2510 - Organizations require the truster to retain a modicum of distrust
#corroborates(0.75)