Home > Terms > English, UK (UE) > reputation economy
reputation economy
A system whereby a person's reputation is used to determine their economic advantages. It is hypothesized that humanity could move towards such a system when scarcity of resources is eliminated and most goods are available for free. In this situation, regular money becomes worthless and so a new system of value would need to be introduced.
Having a poor reputation would exclude you from certain actions, such as eating at a high-class restaurant, whereas having a great reputation would allow you to run businesses or travel the world. This incentivizes altruistic acts and is supposed to make the world a better place for all.
This is auto-generated content. You can help to improve it.
0
0
Improve it
Other Languages:
Member comments
Terms in the News
Featured Terms
Contributor
Featured blossaries
anton.chausovskyy
0
Terms
25
Blossaries
4
Followers
Heathrow Restaurants and Lounges
Category: Travel 2 5 Terms
Browers Terms By Category
- SSL certificates(48)
- Wireless telecommunications(3)
Wireless technologies(51) Terms
- Investment banking(1768)
- Personal banking(1136)
- General banking(390)
- Mergers & acquisitions(316)
- Mortgage(171)
- Initial public offering(137)
Banking(4013) Terms
- General seafood(50)
- Shellfish(1)
Seafood(51) Terms
- Contracts(640)
- Home improvement(270)
- Mortgage(171)
- Residential(37)
- Corporate(35)
- Commercial(31)
Real estate(1184) Terms
- Physical geography(2496)
- Geography(671)
- Cities & towns(554)
- Countries & Territories(515)
- Capitals(283)
- Human geography(103)