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Reciprocal exchanges undermine the academic consensus that legal entities are somehow essential, but they nevertheless validate the underlying logic that led scholars to elevate entities in the first place.
Reciprocal exchanges entail risk and uncertainty because they occur in the absence of a contract.
Reciprocal exchanges are an informal form of cooperation that functions on the basis of reciprocity rules (an action by one party leads to an action by another party), beliefs (that people who are helpful now will receive help in the future), and norms of behavior (that people should reciprocate based on social expectations) (Molm 1994; Cropanzano and Mitchell 2005).
One type, "reciprocal exchanges", consists of interactions that lack terms or assurance of reciprocation (Blau 1964).
You can find more information about EAP's reciprocal exchanges here.
That domain is insurance, as conducted by reciprocal exchanges.
Similar(9)
"Is There Reciprocity in a Reciprocal Exchange Economy?
Because life is a reciprocal exchange.
When looking at photography, a reciprocal exchange happens between the viewer and the subject.
EAP Reciprocal Exchange students are not eligible for GSI, AI-GS or GSR appointments.
S/he engages in a two-way, reciprocal exchange of interests, issues and insights.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com