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	<title>Comments for The Relational Economy</title>
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	<link>http://www.relationaleconomy.net</link>
	<description>Research site of Professor Robert Gilles</description>
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		<title>Comment on Failure in the global relational economy by Dimitrios Diamantaras</title>
		<link>http://www.relationaleconomy.net/2010/04/failure-of-the-relational-economy/comment-page-1/#comment-2</link>
		<dc:creator>Dimitrios Diamantaras</dc:creator>
		<pubDate>Sat, 17 Apr 2010 13:38:09 +0000</pubDate>
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		<description>You make very good points, familiar to me of course given our many conversations. I would quibble with the title of the post. It can be read as saying that the relational economy as an approach to economic theory is failing, which is nothing like what you assert in the body of the post.
I would hope that anyone who reads this will come away with a strong desire to see economics model networks and trust well, with special attention to the incentives that relational arrangements create to increase or decrease trust over time. This is still a unexplored territory, ripe for serious study for economic theorists who are after the big questions.
Oh, and it reminds me of a certain book we should be starting to write :)</description>
		<content:encoded><![CDATA[<p>You make very good points, familiar to me of course given our many conversations. I would quibble with the title of the post. It can be read as saying that the relational economy as an approach to economic theory is failing, which is nothing like what you assert in the body of the post.<br />
I would hope that anyone who reads this will come away with a strong desire to see economics model networks and trust well, with special attention to the incentives that relational arrangements create to increase or decrease trust over time. This is still a unexplored territory, ripe for serious study for economic theorists who are after the big questions.<br />
Oh, and it reminds me of a certain book we should be starting to write <img src='http://www.relationaleconomy.net/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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