4 ms·
When talking about economics relations, there is a difference. In most cases, and I am sure that was meant here, there is an "outside option". And then things d
by zwaps 7y ago
When talking about economics relations, there is a difference. In most cases, and I am sure that was meant here, there is an "outside option".
And then things differ.
If we analyze supplier networks, trade relations in old style bazar or markets, or even just the playing of simple two-player games, then we see that a long term relationship, or its prospect, may make it much more likely that people cooperate in some sense.
This has two effects: A code develops where blatant exploitation is unusual, even if it would be an equilibrium in a one-shot contact. Second, however, there is more leeway for small exploitations, those that can not be "identified" to be causal from the seller (price hikes elsewhere etc.).
Anyhow, your point is true (since he said all senses of the word) but I think this issue is too multi dimensional to find an analogy in home violence