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SEPTEMBER 2018

The September edition of Co-op News looks at how co-ops cab maintain co-operative values and principles while operating in competitive markets and how this can be a challenge for large co-ops. We examine current research into what influences a co-op’s take on the traditional values of self-help, self-responsibility, democracy, equality, equity and solidarity.

The September edition of Co-op News looks at how co-ops cab maintain co-operative values and principles while operating in competitive markets and how this can be a challenge for large co-ops. We examine current research into what influences a co-op’s take on the traditional values of self-help, self-responsibility, democracy, equality, equity and solidarity.

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REVIEWS<br />

Humans may have values – but how do we act on them?<br />

Values and<br />

Behavior: Taking<br />

A Cross Cultural<br />

Perspective,<br />

ed. Sonia<br />

Roccas and<br />

Lilach Sagiv<br />

(Springer<br />

International,<br />

2017) £87.50<br />

This fascinating collection takes at how values affect<br />

human behaviour, with the writers taking a cultural<br />

perspective to examine the link between principles<br />

and action.<br />

Values are important – not least to the co-op<br />

movement, which has developed its own, central<br />

to its identity. But a key question, crucial to this<br />

analysis, is the definition of “value”. Here, the<br />

writers define them as cognitive representations of<br />

basic motivations. Values “are inherently positive,<br />

they represent desirable goals and reflect what<br />

people consider important and worthy,” they argue.<br />

The book goes on to examine social psychologist<br />

Shalom H. Schwartz’s theory of personal values,<br />

which suggested that values differ in the type of<br />

motivational goal they express. But the authors also<br />

consider previous studies,<br />

taking in more than 20<br />

years of research on<br />

the topic. And it argues<br />

that values transcend<br />

specific circumstances.<br />

Giving examples<br />

of existing literature,<br />

they explain that<br />

a person who views<br />

concern for others as<br />

an important value in<br />

the work context is also<br />

likely to attribute high<br />

importance to this value<br />

in other social contexts.<br />

People also see their own<br />

values as more desirable<br />

and closer to their<br />

ideal self than their<br />

personality traits.<br />

Co-Utility –<br />

Theory and<br />

Applications,<br />

Josep Domingo-<br />

Ferrer and David<br />

Sánchez (Springer<br />

International<br />

<strong>2018</strong>) £119.99<br />

Finding co-operation’s selfish gene<br />

Co-utility takes a novel look at ideas of mutually<br />

beneficial collaboration, asking where selfish<br />

behaviour might fit into such systems.<br />

The book argues that protocols based on mutually<br />

beneficial co-operation can improve social welfare.<br />

It describes the concept of co-utility as a framework<br />

for co-operation between rational agents so that<br />

they help each other achieve their best outcomes.<br />

Domingo-Ferrer and Sánchez give the examples<br />

of peer-to-peer networks for sharing of distributed<br />

resources or virtual money as incentives to achieve<br />

self-enforcing collaboration.<br />

The book provides an overview of existing game<br />

theory, looking at sequential moves – where, at the<br />

time of choosing a move, previous moves made by<br />

other agents are known. In a perfect-information<br />

game, the agent who is about to make the move has<br />

complete knowledge of the previous moves made<br />

by other agents.<br />

Co-utility is reminiscent of co-operative game<br />

theory. But this model is based on the assumption<br />

that each agent acts autonomously and keeps to<br />

themselves the payoff they get, rather than dividing<br />

it among the agents of a coalition, as happens in<br />

co-operative games.<br />

Where could this model be applied? Imagine<br />

web search engines that are based on a co-utility<br />

protocol for exchanging queries between users. In<br />

the collaborative economy, such a protocol could<br />

help to introduce artificial incentives like distributed<br />

reputation or quality of service. Reputation<br />

management would also need to be designed<br />

to be co-utile.<br />

A file-sharing system only works if agents share<br />

files, rather than simply downloading other agents’<br />

files. But by incorporating rewards in the form of<br />

artificial utility, such as reputation, the problem can<br />

be tackled.<br />

The authors add that co-utility principles can<br />

help to design a mechanism which ensures that<br />

helping others is the best rational option, even for<br />

selfish players.<br />

48 | <strong>SEPTEMBER</strong> <strong>2018</strong>

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