Cooperation - Risk Article: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{|risk|}} Preconditions for {{risk|cooperation}}: '''{{risk|Trust}}''': Basic rule: wherever there is cooperation there must first be {{risk|trust}}: credit, reputation, one...") |
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Preconditions for {{risk|cooperation}}: | Preconditions for {{risk|cooperation}}: | ||
'''{{risk|Trust}}''': Basic rule: wherever there is cooperation there must first be {{risk|trust}}: credit, reputation, one’s word being one’s bond. It has to mean something, practically. But, in a brutish {{risk|market}}, {{risk|trust}} is a scarce commodity. A brutish {{risk|market}} is characterised by nasty exchanges: one-offs, negative sum games, predators and prey. | '''{{risk|Trust}}''': Basic rule: wherever there is cooperation there must first be {{risk|trust}}: credit, reputation, one’s word being one’s bond. It has to mean something, practically. But, in a brutish {{risk|market}}, {{risk|trust}} is a scarce commodity. A brutish {{risk|market}} is characterised by nasty exchanges: one-offs, negative sum games, predators and prey. | ||
Latest revision as of 14:58, 8 January 2019
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Risk Anatomy™
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Preconditions for cooperation:
Trust: Basic rule: wherever there is cooperation there must first be trust: credit, reputation, one’s word being one’s bond. It has to mean something, practically. But, in a brutish market, trust is a scarce commodity. A brutish market is characterised by nasty exchanges: one-offs, negative sum games, predators and prey.