Punishment and Trust (Schneier on Security)

2016-03-14 17:59

Interesting research: "Third-party punishment as a costly signal of trustworthiness, by Jillian J. Jordan, Moshe Hoffman, Paul Bloom,and David G. Rand, Nature: Abstract: Third-party punishment (TPP), in which unaffected observers punish selfishness, promotes cooperation by deterring defection. But why should individuals choose to bear the costs of punishing? We present a game theoretic model of TPP as a costly signal...

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