You might want to look at these papers as they are directly about the
interrelationship among trust, contracts, and economic exchange:

Bradach, J.L & Eccles, R.G. 1989. Price, authority, and trust: From
ideal types to plural forms. Annual Review of Sociology, 15: 97-118.

Husted, B.W. 1994. Transaction costs, norms, and social networks.
Business and Society, 33: 30-44.

Kreps, D. 1990. Corporate culture and economic theory. In J. Alt and K.
Shepsie (Eds.), Perspectives on positive political economy (pp. 90-143).
New York: Cambridge University Press.

Macaulay, S. 1963. Non-contractual relations in business: A preliminary
study. American Sociological Review, 28: 55-67.

Macneil, I.R. 1978. Contracts: Adjustment of long-term economic
relations under classical, neoclassical and relational contract law.
Northwestern University Law Review, 72: 854-905.

Telser, L.G. 1980. A theory of self-enforcing agreements. Journal of
Business, 53: 27-44.

Another highly relevant paper written for a sociological audience, but
containing similar arguments to Telser's:

Raubb, W. & Weesie, J. 1990. Reputation and efficiency in social
interactions: An example of network effects. American Journal of
Sociology, 96: 626-654.

Hope this helps.

Matej Cepl wrote:

> Hi,
> I am a lawyer, now getting to study for my PhD program on
> sociology and political science of law. When looking on the
> issues debated in this list, and other documents which have some
> relation with, it seems to me, that whole study of the social
> capital is oriented on the structure, organization, etc. and
> much less on the real effects of trust concerning the
> development of rules of human conduct (again, I am a lawyer),
> enforceability of contracts etc.
> Is anybody able to propose some recommended reading aside from
> the notorieties as Fukuyama's Trust, or books by Putnam?
>                         Thanks for any response
>                                                         Matej Cepl

Corey Phelps
Department of Management
Stern School of Business             phone: (212)998-0213
New York University                  email: [log in to unmask]
44 West 4th St., Rm 7-153         URL:
New York, NY 10012-1126