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Trust and uncertainty: a critical re-assessment
Authors:Alexander  Lascaux
Institution:Institute of Economics, Russian Academy of Science , University of Hertfordshire , Moscow, Russia , UK
Abstract:Under uncertainty, we never know for sure the precise boundaries of our warranted knowledge to be able to completely trust our judgments within its range. This poses a problem of substantiating our trusting attitudes in the absence of credible affirmative evidence. The functionalist understanding of trust as a device pruning down uncertainty and complexity of the outer world does not seem to be an adequate response, since it can bring about inferior outcomes, given the incompleteness of the agents’ knowledge. The challenge of human agency further complicates the issue of trust due to emerging uncertainty about the partners’ response to the initial act of trusting. Biases and illusions in surmising the others’ trustworthiness add to uncertainty and unpredictability of placing trust and show the danger of drawing inferences about the trustees’ motivation and reliability on purely subjective grounds.
Keywords:trust  uncertainty  complexity  knowledge  human agency
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