Trust among strangers

Philosophy of Science 71 (3):286-319 (2004)
Abstract
The paper presents a simulation of the dynamics of impersonal trust. It shows how a "trust and reciprocate" norm can emerge and stabilize in populations of conditional cooperators. The norm, or behavioral regularity, is not to be identified with a single strategy. It is instead supported by several conditional strategies that vary in the frequency and intensity of sanctions.
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DOI 10.1086/381411
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