Limit search to available items
Book Cover
E-book
Author Henderson, M. Todd, author.

Title The trust revolution : how the digitization of trust will revolutionize business and government / M. Todd Henderson, Salen Churi
Published Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2019
©2019

Copies

Description 1 online resource (xvi, 215 pages)
Contents Cover -- Half-title page -- Title page -- Copyright page -- Dedication -- Epigraph -- Contents -- List of Figures -- Preface -- Acknowledgments -- Introduction Riding with Strangers -- The Market for Trust -- The Third American Revolution -- Plan of the Book -- Part I -- 1 The Collapse of Trust -- 2 Hiding in Plain Sight -- 3 Trust and Human Flourishing -- Trust Providers and the Virtuous Cycle -- 4 A Typology of Trust -- Government Trust -- Business Trust -- Personal Trust -- 5 The Genealogy of Trust -- Hunter-gatherer Period -- Agricultural Period -- Law -- Religion -- Guild -- The Hansa -- The Law Merchant -- Medieval Flanders -- The Corporate Entity -- Law, Generally -- Industrial Period -- The Regulatory State -- Corporate Brands -- Information Period -- Summary -- 6 The Market for Trust -- The Reciprocity Game and the Importance of Intermediaries -- Market Dynamics -- Direct versus Indirect -- Prices versus Taxes -- Tailoring -- Government as Producer and Regulator -- Bundling and the Social Welfare Conundrum -- The Life Cycle of Social Technologies -- Summary -- Part II -- 7 Private Trust and the Regulation of Stockbrokers -- Origins -- The New Deal Revolution -- The Case for Private Regulation -- The Limits of Private Regulation -- Flavors of Private Regulation -- Lessons Learned -- 8 Providing Trust in the Ridesharing Market -- How the Taxi Industry Came to be Regulated -- The Movement to Deregulate -- Deregulation and Re-regulation -- An Economic Defense of Regulation -- The Shortcomings of Government Regulation -- The Solution: Digital Ridesharing Platforms -- Lessons Learned -- Part III -- 9 Hacking Trust -- Unringing the Bell -- For-profit Regulators -- Monopoly -- Externalities -- Mobilizing the Consumer Citizen -- Show, Don't Tell -- Beyond Ride Sharing -- 10 Sketching on a Blank Slate -- Public Sector -- Occupational Licensing
The Legal System -- Contract Law -- Corporate Regulation -- The Financial System -- Education -- Affordable Housing -- Private Sector -- 11 Concluding Thoughts -- Index
Summary While conventional wisdom dictates that people's trust - in the government, in corporations, in each other - is at a historic low, the rise of the internet is offering new ways to rehabilitate and strengthen trust. Uber is probably the best example of a new company that, on the surface, allows individuals with smartphones to get rides with strangers, but at a deeper level is in the business of trust. In The Trust Revolution, M. Todd Henderson and Salen Churi trace the history of innovation and trust, linking companies such as Uber with medieval guilds, early corporations, self-regulatory organizations, and New-Deal era administrative agencies. This book should be read by anyone who wants to understand how trust - and its means of creation - has the potential not only to expand opportunities for human cooperation, but also to reduce the size and scope of government and corporate control over our lives
Bibliography Includes bibliographical references and index
Notes Online resource; title from digital title page (viewed on August 06, 2019)
Subject Trust -- Economic aspects
Technological innovations -- Economic aspects
Technological innovations -- Economic aspects
Form Electronic book
Author Churi, Salen, author.
ISBN 9781108664011
1108664016