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Traders, Cops and Robbers

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NBER2003-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9572
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Why does illegal trade often flourish without formal enforcement, but sometimes fail? Why do illegal trade-reducing policies often fail? Why do States often appear to tolerate illegal trade? A model of trade with cops and robbers provides answers. `Safety in numbers' is a key element: the
创建时间:
2003-03-01
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