An agent-based skeleton of the network-based trust games

Abstract

This paper presents an agent-based model of the network-based trust game by combing two essential ingredients, namely new economic geography and cooperative games. Through simulating this model, we would like to show the co-evolution of trusts, networks, economic growth and income distribution. Variations of the proposed design allow us to examine the role of social trust in economic growth and can allow us to further explore the effect of culture and personality in the trust-based growth theory.