Group-wide reputation can bond honest behavior even between strangers who rarely meet.

Evidence

Even in a community in which any particular pair of people meet rarely, it is still possible (as we show) for an individual’s reputation in the group as a whole to serve as a bond for his good and honest behavior toward each individual member. This illustrates the important fact that a reputation system may sometimes work only when it encompasses — PAUL R. MILGRO, PAUL R. MILGRO - THE ROLE OF…, 4

Categorization

  • XREF: connects to: Pre-state trading communities sustained honesty through reputation systems backed by private judges. — PAUL R. MILGRO, PAUL R. MILGRO - THE ROLE OF…, 1; Community reputational enforcement works even without repeated bilateral interaction between traders. — PAUL R. MILGRO, PAUL R. MILGRO - THE ROLE OF…, 65; Widespread trust consists of pockets of dyadic relationships, not generalized sentiment

Broader Connections