Trade Implies Law: The Power of the Weak
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下载链接：
https://www.nber.org/papers/w7702
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资源简介：
Without the rule of law, traders who incur trading costs can be held up by counter-parties who are stronger in anarchic bargaining. The favourable terms which the latter extract can overcrowd that side of the market, dissipating the benefits. We establish plausible necessary and sufficient
提供机构：
美国国家经济研究局
创建时间：
2000-05-01
