Calculus-Based Trust Is Based on the Belief That the Other

question 211

True/False

Calculus-based trust is based on the belief that the other party will deliver its promises because punishments would be applied if they fail to deliver those promises.

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Definitions:

Commercialization

The process of bringing new products or services to market, including the production, marketing, and sale to end consumers.

Web

Short for World Wide Web, a network of online content formatted in HTML and accessed via the HTTP or HTTPS protocol.

Peer-To-Peer

A distributed network architecture where each participant (peer) shares a part of their resources with other peers directly, without requiring centralized coordination.

Economic Model

A theoretical construct representing economic processes by a set of variables and a set of logical or quantitative relationships between them.