Where Everybody Knows Your Name
The Happiness Lab with Dr. Laurie Santos
The Impact of Social Networks on Trustworthiness
Trust and trustworthiness are enhanced within social networks. In a transaction, cheating is discouraged when others observe it, as it damages the cheater's reputation. This concept is applicable to coral societies and local Italian governments, where officials' reputations are crucial. Social capital, gained from networks like coral societies, benefits not only individuals within the network but also outsiders by improving the overall system. It fosters diligence, trustworthiness, and lower crime rates within neighborhoods where residents engage in social activities together, encouraging mutual support.
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