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A Formal Model of Trust Based on Outcomes

Bhattacharya, Rajeev, Devinney, Timothy M., Pillutla, Madan M.·1998·The Academy of Management Review

Abstract

The study of trust has occupied scholars from a number of disciplines, who have made limited attempts at integrating the different streams. One reason for lack of integration is that no clear definition of trust exists. In this article we grapple with this issue by going back to first principles to derive a mathematically precise and statistically rigorous definition of trust. In giving a rigorous meaning of trust, we also capture the key elements of the concept as highlighted by various disciplinary lenses. Our definition of trust, although rationally based, is consistent with many of the findings of earlier behavioral and sociological research. Its contribution is in adding precision and richness to our understanding of how trust is created and maintained in various social and economic interactions.

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Metadata

Authors
Bhattacharya, R., Devinney, T. M., & Pillutla, M. M.
Venue
The Academy of Management Review
Published
1998-07
Volume
23
Issue
3
Pages
459
ISSN
0363-7425 (ISSN-L)
OpenAlex
W2153266112
Cited by
732
References
0
FWCI
27.29
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: A Formal Model of Trust Based on Outcomes. https://app.cochat.ai/papers/10.2307/259289
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Bhattacharya, R., Devinney, T. M., & Pillutla, M. M. (1998). A Formal Model of Trust Based on Outcomes. The Academy of Management Review. https://doi.org/10.2307/259289

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.