Abstract

In this paper, we first introduce the concepts of moral agent and moral system of agent society and, in particular, the central concept of moral agent sensible to moral sanction. Next, we introduce the concepts of moral gain and moral loss in social exchanges and of reputation-based persistence of exchange processes. Following, we elaborate the notion of negotiated moral regulation of reputation-based persistent exchange processes. Finally, we combine those concepts in the notion of a reputation-based mechanism for the negotiation-driven moral regulation of exchange processes of agents that are sensible to moral sanctions.

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