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What is Social Norms in Community Enforcement about?

This document summarizes a paper by Michihiro Kandori that examines how social norms can support cooperation through community enforcement even when individuals change partners over time. The paper analyzes how self-interested agents may follow social norms that specify desirable behavior and sanctions for defection. It presents two main results: 1) An example where a community can sustain cooperation when each agent only knows the outcomes of their own trades and not others

Author

naoto_soma

Language

EN