Community enforcement of trust with bounded memory

DOI10.1093/RESTUD/RDY048MaRDI QIDQ5013993zbMATH OpenOpenAlexWikidataFDO

Authors

Publication date 3 December 2021

Published in Review of Economic Studies (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1093/restud/rdy048

zbMATH Keywords

bounded memorycredit marketsimperfect monitoringinformation designrepeated games with community enforcementtrust game

Mathematics Subject Classification ID

Multistage and repeated games (91A20) Applications of game theory (91A80) Credit risk (91G40)

Recommendations

• Enforcing social norms: trust-building and community enforcement
• Social Norms and Community Enforcement
• Equilibrium trust
• Trust in cohesive communities
• Community enforcement when players observe partners' past play

Cited in

(8)

• Market screening with limited records
• Trust in cohesive communities
• Rules with discretion and local information
• Enforcing social norms: trust-building and community enforcement
• Equilibrium refinement in finite action evidence games
• A dynamic model of censorship
• Community enforcement with endogenous records
• Information design and reputations in the frequent-interaction limit

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