Really enjoyed this! Pre-dating some of the work you cite (though not pre-dating Adam Smith) is Robert Axelrod's work "The Evolution of Cooperation" in which he describes the 'discount parameter'--a.k.a., 'the shadow of the future'--in the context of his famous tit-for-tat strategy in a repeated interaction tournament. That seems very parallel to your example of Jane and John and their exchange of bread.
Great post! As it turns out, reputation is part of a more general process in the establishment and development of interpersonal relationships. See the work of John Thibaut and Hal Kelley on the transformation of the basic, given outcome “matrix” to a higher level “effective” matrix accumulated into attributions of dispositions (i.e., reputations), especially Kelley’s “Personal Relationships” (1979).
Thanks John, I did not know this reference, I'll check it out. Another great reference is Erving Goffman's classic "The Presentation of Self in Everyday Life". I'll write a post about it later.
Really enjoyed this! Pre-dating some of the work you cite (though not pre-dating Adam Smith) is Robert Axelrod's work "The Evolution of Cooperation" in which he describes the 'discount parameter'--a.k.a., 'the shadow of the future'--in the context of his famous tit-for-tat strategy in a repeated interaction tournament. That seems very parallel to your example of Jane and John and their exchange of bread.
Thanks! Yes Axelrod's work and his findings about the tit for tat strategy are very relevant.
(I discussed these in my post on the game theoretic foundations of morality, https://www.optimallyirrational.com/p/the-game-theoretical-foundations)
Great post! As it turns out, reputation is part of a more general process in the establishment and development of interpersonal relationships. See the work of John Thibaut and Hal Kelley on the transformation of the basic, given outcome “matrix” to a higher level “effective” matrix accumulated into attributions of dispositions (i.e., reputations), especially Kelley’s “Personal Relationships” (1979).
Thanks John, I did not know this reference, I'll check it out. Another great reference is Erving Goffman's classic "The Presentation of Self in Everyday Life". I'll write a post about it later.
A classic!