Forms, Foundations, Functions, Failures and Figures
Chapter 7: Summary and Conclusions
This chapter summarizes the answers to the questions speciﬁed in Chapter 1, and reviews directions for further research. The ten questions from Chapter 1 are repeated below, in Table 7.1. 7.1 TRUST, PROBABILITY AND CALCULATION This concerns questions four and ﬁve from Table 7.1. In much literature, trust has been rendered as a subjective probability. In Chapter 2, I argued that trust in people (behavioural trust) cannot entail certainty and cannot be treated and calculated as a probability. The reason is the presence in human behaviour of radical uncertainty (unlike laws of nature): the set of future options for behaviour, for one’s partner and for oneself, is open; the range of options is indeterminate. As Shackle indicated long ago, under such conditions one cannot employ the notion of probability in any usual sense (satisfying the axioms of probability theory). Next to uncertainty about future options of choice, there is uncertainty concerning preferences, which are also subject to unforeseeable change. I propose that even if prediction were possible, it would be unethical to claim full knowledge about other people’s future options and preferences for action, since that would rob them of their autonomy of choice. As a result, trust in behaviour can never yield certainty, and cannot be completely calculative. It always remains a wager to a greater or lesser extent. That does not deny that there may be better and worse reasons for trust. There may be good reasons on the basis of available evidence from one’s own experience...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.