For instance, a creditor may decide to freeload after a credit cycle and leave the credit association after raking in funds for the month. It can be assumed that the free-rider will forever be ashamed and ignored by his/her community. However, this may not be a harsh consequence if the creditor believes that taking the money and cutting ties with association presents a much more favorable opportunity cost. Furthermore, the creditor may view his/her relationship with fellow creditors very differently from the rest of the association (creditor considers relationship with the rest of the network as a weak
For instance, a creditor may decide to freeload after a credit cycle and leave the credit association after raking in funds for the month. It can be assumed that the free-rider will forever be ashamed and ignored by his/her community. However, this may not be a harsh consequence if the creditor believes that taking the money and cutting ties with association presents a much more favorable opportunity cost. Furthermore, the creditor may view his/her relationship with fellow creditors very differently from the rest of the association (creditor considers relationship with the rest of the network as a weak