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Reputation: Studies in the Voluntary Elicitation of Good Conduct
     

Reputation: Studies in the Voluntary Elicitation of Good Conduct

by Daniel B. Klein (Editor)
 

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"Tricks and treachery are the practice of fools that have not wit enough to be honest," wrote Benjamin Franklin. This volume explores ways in which the honest establish trust and enjoy good fortune, even without policing. The central mechanism at work is reputation. To work, information about the individual's conduct must be observed, interpreted, recorded,

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