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The Evolution of Trust

The Evolution of Trust
Nicky Case
ncase.me, 2017
Level: beginner
Perspectives: Behavioral Economics, Complexity Economics, Institutionalist Economics
Topic: Microeconomics & Markets, Other
Format: Interactive Resource
Duration: 00:30:00
Link: http://ncase.me/trust/

People no longer trust each other. Why? And how can we fix it? An interactive guide to the game theory of trust. Inspired by "The Complexity of Cooperation: Agent-Based Models of Competition and Collaboration" written by Robert Axelrod.

Comment from our editors:

This online game presents an innovative way of learning and trying out theories of Behavioural Economics and game theory. It is important to understand the behavioural basis of methodologies such as agent-based modelling that often relies on these insights. Also, note and make use of the over 25 fan-translations. And if you want, read some more about Behavioural Economics here.

Go to: The Evolution of Trust

This material has been suggested and edited by:

Jorim Gerrard
Tags: behavior | collaboration | confidence | decisions | game theory
Economics and Identity
Level: advanced
Economics and Identity
The authors discuss how identity affects economic outcomes by bringing together psychological and sociological perspectives and economics. For economic outcomes of a single individual, it might be interesting which kind of social groups this individual belongs to. This may influence individual daily decisions and hence economic outcomes. It can, however, not only affect individual economic outcomes but also economic outcomes of organizations, institutions and other groups. This paper describes these influences with respect to gender in the workplace, to the economics of poverty and social exclusion, and to the household division of labour.
George Akerlof, Rachel Kranton
The Quarterly Journal of Economics
Is Behavioural Economics the New Mainstream?
2019
Level: advanced
Is Behavioural Economics the New Mainstream?
Since Daniel Kahneman won the Nobel Memorial Price in Economic Sciences in 2002, a new branch of economics gained academic and popular interest. That is, the so-called area of behavioural economics. However, some scholars claim that this new area of economics is not changing much of the mainstream paradigm. Why?
Leonardo Conte
Rethinking Economics Switzerland
Green Bonds: the Sovereign Issuers’ Perspective
2021
Level: advanced
Green Bonds: the Sovereign Issuers’ Perspective
After a brief illustration of sovereign green bonds’ features, this paper describes the market evolution and identifies the main benefits and costs for sovereign issuers. The financial performance of these securities is then analysed.
Raffaele Doronzo, Vittorio Siracusa and Stefano Antonelli
Mercati, infrastrutture, sistemi di pagamento
Taxation in the MENA region
2018
Level: beginner
Taxation in the MENA region
This essay focuses on the sources of government revenue within the Middle East and North African (MENA) region and proposes the implementation of a regional tax reset through increased taxation and tax reforms, deregulation in the private sector and economic diversification to reduce macroeconomic volatilities caused by the hydrocarbon industry.
Sanchita Shekar
Pluralist Economics Fellowship
Heterodox Approaches to Economics
2021
Level: advanced
Heterodox Approaches to Economics
This course will survey contemporary heterodox approaches to economic research, both from a microeconomic and a macroeconomic perspective. Topics will be treated from a general, critical, and mathematical standpoint.
Daniele Tavani
Colorado State University
Macroeconomics From the Bottom Up
2011
Level: beginner
Macroeconomics From the Bottom Up
Based on a critique on econometric and DSGE models (in particular in the context of the financial crisis), Doyne Farmer presents his current research programme that aims at building an agent-based model of the financial and economic crisis. It models heterogeneous agents and from there simulates the economy, firstly for the housing market. The interview gives a short insight in the research programme.
Doyne Farmer
INET

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This project is brought to you by the Network for Pluralist Economics (Netzwerk Plurale Ökonomik e.V.).  It is committed to diversity and independence and is dependent on donations from people like you. Regular or one-off donations would be greatly appreciated.

 

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