Competitive Equilibria With Limited Enforcement
收藏NBER2002-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9077
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资源简介：
This study demonstrates how constrained efficient allocations can arise endogenously as equilibria in an economy with a limited ability to enforce contracts and with private agents behaving competitively, taking a set of taxes as given. The taxes in this economy limit risk-sharing and arise in an
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美国国家经济研究局创建时间：
2002-07-01
