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David Friedman | Gaming the Future, Chapter 4: SKIM THE MANUAL | Intelligent Voluntary Cooperation.
The Foresight Institute Podcast
The Problems With Reputational Mechanisms
In a society like Iceland, you may not know very much about somebody who's on the opposite side of the island because communication is very slow. So I would think that the use of reputational mechanisms in various ways ought to become more practical with modern communication technologies. The critical thing is making it easy to prove to interested third parties which person has violated the contract.
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