2 papers
physics.soc-ph2025
Agent-based modeling and the sociology of money: some suggestions for refining monetary theory using social simulation
Eduardo Coltre Ferraciolli, Tanya V. Araújo
The institution of money can be seen as a foundational social mechanism, enabling communities to quantify collectively regulate economic processes. Money can be said, indeed, to co…
physics.soc-ph2025
The Devil's Dung? Money as a mechanism of generalized reciprocity in human societies
Eduardo C. Ferraciolli, Francesco Renzini, Tanya V. Araujo +1
St. Francis of Assisi (1181/82-1226) famously called money the devil's dung, and indeed money is often associated with greed, inequality, and corruption. Drawing on Nowak's five ru…