Trust
Trust is when one person trust another person.
We can use Game Theory to model trust behavior among agents.
When we trust we can avoid some transactions costs.
Uber/AirBnb only works because they made trust works in the scenarios.
Uber makes safe and possible to you get inside a car of a “strange” and reach your destiny without trouble.
AirBnb let you stay in a house of a “strange” in a safe way.
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- Game TheoryGame Theory is the study of games with agents that perform the best action. The classic game is the Prisoner's Dilemma where 2 agents that can't communicate with each other don't…
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