Affective social ties - missing link in governance theory

Open Access
Authors
Publication date 2012
Journal Rationality, Markets and Morals
Volume | Issue number 3 | 57
Pages (from-to) 108-122
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
Abstract Although governance is about interpersonal relationships, it appears that the antecedents and consequences of affective bonds (social ties) in social groups dealing with common-pool resources and public goods have been neglected. The welfare costs of the neglect of such bonds and their dynamic properties in economics are unclear but may be substantial. In this paper, I discuss a theoretical ‘dual process’ social ties model and the behavioral experimental and recent neurological evidence this model has obtained. Furthermore, a number of implications and institutional issues are addressed.
Document type Article
Language English
Published at http://www.rmm-journal.de/downloads/Article_van_Winden.pdf
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379320.pdf (Final published version)
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