Programmable economic relationships are the capability, provided by PSP's economic grammar, for agents to computationally define, instantiate, and manage complex, stateful economic interactions and commitments that go beyond simple, stateless asset transfers.
Examples include shared risk, conditional commitments, dynamic credit, staking into future outcomes, or reputation-informed trust. In PSP, these relationships are defined as protocol objects — modular, composable, and updatable by the agents themselves. Unlike markets, which reduce relationships to one-off exchanges, and smart contracts, which are often rigid or isolated, PSP enables flexible, adaptive, and meaningful economic bonds. These relationships carry memory, directionality, and contextual semantics.
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