catallaxy

== English == === Etymology === From Ancient Greek καταλλάσσω (katallássō, “to exchange”). Popularized by economist Friedrich Hayek. === Pronunciation === IPA(key): /ˈkætəˌlæksi/ === Noun === catallaxy (countable and uncountable, plural catallaxies) A high-interaction society of collective decision making. ==== Related terms ==== catallactics