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Declining general trust has become a serious social issue in China in recent years. This paper attempts to understand and analyze this social phenomenon from a social interaction perspective. Based on a repeated prisoners ́dilemma game on networks, it finds that the evolution of general trust...
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Social capital is a valuable resource that can be raised and destroyed, and its level in society is path dependent and related to society's "collective memory" of experience with power structures. Social capital is found both on the network as well as society levels, and a relation between these...
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