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Persistent link: https://www.econbiz.de/10000917357
We model networks of relational (or implicit)contracts, exploring how sanctioning power and equilibrium conditions change under different network configurations and information transmission technologies. In our model, relations are the links, and the value of the network lies in its ability to...
Persistent link: https://www.econbiz.de/10002450641
Persistent link: https://www.econbiz.de/10000947263