The Trust-Building Game: A Model for Sustainable Cooperation

TL;DR

This paper introduces a new trust-building model emphasizing the second player's decision process, highlighting how strategic actions by the first player can foster sustainable cooperation across diverse fields.

Contribution

It shifts focus from the first player's decision to the second player's trust decision, providing a novel framework for understanding and cultivating trust.

Findings

The model demonstrates how consistent actions build trust over repeated interactions.

It applies across multiple domains like policy, marketing, and international relations.

Deepens understanding of trust dynamics in sustainable cooperation.

Abstract

Trust serves as a fundamental pillar of human interactions, playing a crucial role in economic, social, and political relationships. While traditional models of trust primarily focus on the decision making of the first player, this paper introduces an innovative approach that shifts the emphasis to the decision making processes of the second player. The proposed model employs a repetitive structure through which the first player effectively cultivates the second player's trust through consistent and strategic actions. This framework is applicable across various fields, including public policy, marketing, and international relations. It significantly deepens our understanding of the trust-building process and aids in fostering sustainable cooperation in real world scenarios.