# Trust Economics **Domain:** Economics / Social Systems **Doc Type:** Concept Node **Maturity:** Developed ## Definition **Trust Economics** is the study of how credible expectations, reputation, confidence, and reliable conduct create or destroy economic value. ## Mechanism and Practice Markets and relationships depend on beliefs about future performance. Trust lowers coordination costs and expands exchange; broken promises, concealed risk, and inconsistent conduct withdraw value from the same system. ## Relationships - **Related concepts:** [[wiki/Trust|Trust]] · [[wiki/Reputation|Reputation]] · [[wiki/Social Capital|Social Capital]] ## Simple Reminders, Quotations, and Thoughts > “Trust economics describes how confidence drives value. Markets rise when public trust in a company grows and fall when that trust disappears. The same principle shapes reputations, careers, and relationships.” > **— Bryant McGill**, *Funding Your Dreams Through Trust and Human Capital - Livestream (Nov 2015)* [[reminders/Social Capital/Public Trust Drives Market Value by Bryant McGill|Public Trust Drives Market Value by Bryant McGill]]