Risk Aversion and the Desirability of Attenuated Legal Change
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下载链接:
https://www.nber.org/papers/w19879
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资源简介:
This article develops two points. First, insurance against the risk of legal change is largely unavailable, primarily because of the correlated nature of the losses that legal change generates. Second, given the absence of insurance against legal change, it is generally desirable for legal change to
提供机构:
美国国家经济研究局
创建时间:
2014-02-01



