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- W3150998515 abstract "We consider a relational economy in which economic agents participate in three types of relational economic activities: autarkic activities; binary matching activities; and plural cooperative activities. We introduce a stability notion and characterize stable interaction structures, both in the absence of externalities from cooperation as well as in the presence of size-based externalities. It is shown that institutional elements such as the emergence of socio-economic roles and organizations based on hierarchical leadership structures support and promote stable economic development." @default.
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- W3150998515 date "2008-01-01" @default.
- W3150998515 modified "2023-09-27" @default.
- W3150998515 title "Stable Economic Cooperation : A Relational Approach" @default.
- W3150998515 hasPublicationYear "2008" @default.
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