explicit_vs_implicit_trade
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explicit_vs_implicit_trade [2019/04/23 10:53] – [Implicit trade] rcastano | explicit_vs_implicit_trade [2019/04/23 10:54] – [Implicit trade] rcastano | ||
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- | All things being equal, most people will try and settle an implied debt despite the fact that there is no obligation to do so. The OAE theory holds that communities can successfully operate through a circular, implicit debt program, where the implicit urge to pay back in to the community at least equals favours received.((An extended explanation can be found [[https:// | + | All things being equal, most people will try and settle an implied debt despite the fact that there is no obligation to do so. The OAE theory holds that communities can successfully operate through a circular, implicit debt program, where the implicit urge to pay back in to the community at least equals favours received.((An extended explanation |
explicit_vs_implicit_trade.txt · Last modified: 2021/08/04 06:11 by 127.0.0.1