Trade and Security,I: Anarchy
收藏NBER1997-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w6223
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资源简介:
Market exchange is subject to an endogenously determined level of predation which impedes specialization and gains from trade. We construct a model in which utility-maximizing agents opt between careers in production and careers in predation. Three types of equilibria may emerge: autarky (with no
提供机构:
美国国家经济研究局
创建时间:
1997-10-01



