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Trust and Credit in Organizations and Institutions: As Viewed from the Evolution of Cooperation

Trust and Credit in Organizations and Institutions: As Viewed from the Evolution of Cooperation

Hardcover

Series: Theoretical Biology

Technology & EngineeringEnvironmental StudiesGeneral Mathematics

ISBN10: 9811949786
ISBN13: 9789811949784
Publisher: Springer Nature
Published: Jan 6 2023
Pages: 318
Weight: 1.46
Height: 0.81 Width: 6.14 Depth: 9.21
Language: English
This book shows that evolutionary game theory can unravel how mutual cooperation, trust, and credit in a group emerge in organizations and institutions. Some organizations and institutions, such as insurance unions, credit unions, and banks, originated from very simple mutual-aid groups. Members in these early-stage mutual-aid groups help each other, making rules to promote cooperation, and suppressing free riders. Then, they come to trust not only each other but also the group they belong to, itself.

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Nakamaru, Mayuko

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Environmental Studies