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As the internet has increasingly become more social, the value of individual reputations has risen, and a new currency based on reputation has been created. This means that not only are companies tracking what an individual is tweeting and what sites they spend the most time on, but they're...
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Network reciprocity has been successfully put forward (since M. A. Nowak and R. May's, 1992, influential paper) as the … systems. The mechanism is actually the network, which makes agents' interactions localized, while network reciprocity is the … is replaced by the more rational best-response rule of strategy update. In social experiments, network reciprocity has …
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reciprocity (or altruistic punishment) to capture the human trait leading an individual to punish norm violators at a cost to …
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