Trust, Control, and the Economics of Governance is a highly necessary development of institutional economics to reflect progress made in trust research and is a relevant addition for practitioners to better understand the role of trust in the governance of contemporary cooperation-structures.

Philipp Herold earned his PhD in economics from the Leipzig Graduate School of Management, Germany with the support of the Dr. Werner Jackstädt Foundation. He is a corporate finance professional in the insurance industry.

1: Introduction; 2: Understanding of Trustworthiness as an Intrinsic Institution; 3: The Proposed Heuristic; 4: Use-Test of the Game of Trust and Control; 5: Conceptual Evaluation of the Heuristic; 6: Concluding Remarks