On the Efficiency of Competitive Equilibria with Pandemics
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https://www.nber.org/papers/w31116
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The epidemiological literature suggests that virus transmission occurs only when individuals are in relatively close contact. We show that if society can control the extent to which economic agents are exposed to the virus and agents can commit to contracts, virus externalities are local, and
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美国国家经济研究局创建时间：
2023-04-01
