Soft transactions

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2017
Volume: 141
Issue: C
Pages: 122-134

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This paper considers “soft debt” as a social convention that facilitates long-term reciprocal relationships. A player is said to follow a soft debt strategy if his decisions depend on the entire history with his counterpart only through their accrued soft debt balance. Under discrete benefits, there exist equilibria in which the players keep reciprocating as long as the debt balance does not exceed a certain limit.

Technical Details

RePEc Handle
repec:eee:jeborg:v:141:y:2017:i:c:p:122-134
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25