Self-interest, Altruism, Egoism, Reciprocity, and Risk-Sharing in Digital Social Networks

By James E Njoroge, M. Sc. (VWL) - Economic Coach, Consultant and Lecturer / June 15, 2025 / Behavioral Economics, Business Administration, Economic Policy, Globalization, Leadership and Management, Microeconomics, Social Life, Sustainability

Self-interest, Altruism, Egoism, Reciprocity, and Risk-Sharing in Digital Social Networks Read Post »

Digital social networks, such as LinkedIn, Facebook, Instagram, X (formerly Twitter), and TikTok, have transformed the ways individuals, firms, and governments interact, cooperate, and compete in society. This article examines the behavioral foundations and institutional conditions of self-interest, altruism, egoism, reciprocity, and risk-sharing in digital social networks through an interdisciplinary framework that integrates economics, sociology, psychology, political theory, and cultural studies.

Altruism, Behavioral Reciprocity, Borrowing Constraints, Communication Density, Competition, Content Moderation, Cooperation, Crime Economics, Democracy, deterrence, Digital Governance, Digital Platform Management, Digital Risk-sharing, Digital Social Networks, Digital Sociology, Directed Altruism, Dynamic Contracts, Egoism, Enforced Reciprocity, Enforcement Costs, Expected Utility, Externalities, Fairness, Financial Inclusion, Hybrid Institutions, Informal Insurance Networks, Institutional Design, Justice, Law and Economics, Limited Commitment, Mobile Money Systems, Moral Psychology, Negotiated Exchange, Network Clustering, Network Observability, Platform Behavior, Punishment Severity, Rational Choice, Reciprocal Exchange, reciprocity, Risk Sharing, Risk-averse Behavior, Self-Interest, Social Conflict, Social Costs, social interaction, social norms, Social Proximity, Strategic Reciprocity, Transaction Cost Economics, Trust-building, Utility Maximization, Voluntary risk-taking

The Role of Government in Society

By James E Njoroge, M. Sc. (VWL) - Economic Coach, Consultant and Lecturer / March 27, 2025 / Foundations of Economics, Economic Policy, Globalization, International Economics, Macroeconomics, Markets, Microeconomics, Public Policy

The Role of Government in Society Read Post »

Governments play a pivotal role in shaping and sustaining society’s structure. Their influence extends across numerous dimensions, from the economy and lawmaking to public service provision and international relations. This article explores the multifaceted role of government in modern society, emphasizing its responsibility for maintaining social order, protecting individual rights, and fostering economic growth. At the heart of effective governance are democratic principles, the rule of law, and a commitment to social justice.

Accountability in Government, Bureaucratic Inefficiency, Civil Liberties, Constitutionalism, Consumer Protection, Corruption, Democracy, Economic Regulation, Economic Stability, Economics, Ethical Governance, Executive, Fiscal Policy, Global Cooperation, Globalization, Governance, Government, Government Overreach, Human Rights, international trade, Judiciary, Legislature, Market Regulation, Monetary Policy, Participatory Democracy, Personal Liberties, Political Economy, Public Goods, Public Policy, Public Services, Public Trust, Public-Private Partnerships, Redistribution of Wealth, Rogue Government, Rule of Law, Social Justice, social norms, Social Trust, Social welfare, Sustainable Development, Transparency in Government

Merry Christmas 2021

By James E Njoroge, M. Sc. (VWL) - Economic Coach, Consultant and Lecturer / December 4, 2021 / Life Coaching, Announcements, Economics of Pandemics, Love, Personality, Social Life

Merry Christmas 2021 Read Post »

“Merry Christmas 2021!” we will all say to our loved ones on Christmas. Yet it is another year celebrating Christmas amid a global COVID19 pandemic, but we must be optimistic, have hope and faith. You are probably looking for the best Christmas presents for your loved ones. But should we be thinking about material gifts or gifts for the soul? What is all about Christmas? Christmas is about the birth of Jesus: Merry Christmas 2021 For many Christians worldwide, Christmas is about the birth of Jesus of Nazareth, Son of Joseph and Mary, in Bethlehem. It is a season of

Christian Life, Christmas, Confidence, Corona Crisis, Corona Pandemic, Expectation, Faith, Hope, Love, Personality, Risk Sharing, social integration, social interaction, social life, social norms, Social responsibility, Social welfare

social norms

Self-interest, Altruism, Egoism, Reciprocity, and Risk-Sharing in Digital Social Networks

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The Role of Government in Society

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Merry Christmas 2021

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