This article is the second part of a review of recent empirical and theoretical developments
usually grouped under the heading Econophysics. In the first part, we reviewed the statistical …

Seller reputation is an important asset because buyers often choose sellers on the basis of
their reputation. This is particularly true when the quality of the good or service transacted is …

The role of inter-enterprise relationships in European pig meat, beef and cereals chains is
analysed. Using survey data from 1,442 farmers, processors and retailers in six countries …

Abstract Zero-determinant (ZD) strategies, as discovered by Press and Dyson, can enforce a
linear relationship between a pair of players' scores in the iterated prisoner's dilemma …

While NGO–business relationships have much in common with buyer–supplier
relationships, the literature specifically indicates several additional challenges in achieving …

Does irrigation infrastructure lead to trust, and how does this happen? We approach these
questions by testing two processes of trust formation: particularized trust built on repeated …

An equilibrium in a repeated game with imperfect private moitoring is called a finite state
equilibrium, if each player's action on the equilibrium path is given by an automaton with a …

Repeated games with imperfect private monitoring have a wide range of applications, but a
complete characterization of all equilibria in this class of games has yet to be obtained. The …

We consider a distributed meeting scheduling problem where agents negotiate with each
other to reach a consensus over the starting time of the meeting. Each agent has a private …

Humans are capable of cooperating with one another even when it is costly and a deviation
provides an immediate gain. An important reason is that cooperation is reciprocated or …