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Social Capital, Corporate Social Responsibility, Economic Behaviour and Performance pp 101–125Cite as

Palgrave Macmillan

The Relationship Between Competition and Trust: An Essay in an Historical and Theoretical Perspective

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Abstract

Competition is generally claimed to be good for social welfare, even though this claim is rarely coupled with a plain account of the circumstances under which it is actually true. Both the original connotation of the verb ‘to compete’ and the non-technical common use of the word, are grounded on the intuition that competition is a race (Blaug 2001). The view that the by-product of such a race is good beyond any reasonable doubt, is not questioned even in presence of those situations in which an impoverishment of the quality of the good supplied is observed as an effect of the race itself (e.g. Alsberg 1931).

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Authors
  1. Sergio Beraldo
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  2. Gilberto Turati
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Editor information

Editors and Affiliations

  1. Department of Economics of Trento University, Italy

    Lorenzo Sacconi (Professor of Economics, Unicredit Chair in Economic Ethics and Corporate Social Responsibility and Director of EconomEtica) (Professor of Economics, Unicredit Chair in Economic Ethics and Corporate Social Responsibility and Director of EconomEtica)

  2. Inter-University Centre of Research, University of Milano-Bicocca, Italy

    Lorenzo Sacconi (Professor of Economics, Unicredit Chair in Economic Ethics and Corporate Social Responsibility and Director of EconomEtica) (Professor of Economics, Unicredit Chair in Economic Ethics and Corporate Social Responsibility and Director of EconomEtica)

  3. Department of Sociology and Social Research of the University of Milano-Bicocca, Italy

    Giacomo Degli Antoni (Assistant Professor of Economics and Research Fellow) (Assistant Professor of Economics and Research Fellow)

  4. EconomEtica, Italy

    Giacomo Degli Antoni (Assistant Professor of Economics and Research Fellow) (Assistant Professor of Economics and Research Fellow)

Copyright information

© 2011 Sergio Beraldo and Gilberto Turati

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Beraldo, S., Turati, G. (2011). The Relationship Between Competition and Trust: An Essay in an Historical and Theoretical Perspective. In: Sacconi, L., Antoni, G.D. (eds) Social Capital, Corporate Social Responsibility, Economic Behaviour and Performance. Palgrave Macmillan, London. https://doi.org/10.1057/9780230306189_5

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