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On 30/07/12 16:50, [email protected] wrote:
> In the real world, trust is earned, not granted. To develop a
> trusted relationship, you start off offering a small asset which's
> loss is acceptable and allowing the other person to respond with an
> asset which's value is slightly higher, so the loss would be
> acceptable as well and so on.

Although I don't recall the details, there's a game theory paper about
the use of this approach to establish cooperation in a
continuous-valued version of the prisoner's dilemma:

http://dx.doi.org/10.1038/28160
http://people.hnl.bcm.tmc.edu/jli/reference/200.pdf

Cheers,
Michael
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