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Economics of Information and the Theory of Economic Development

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NBER1985-02-01 更新2025-01-04 收录
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This paper shows how recent developments in the Economics of Information can provide insights into economic relations in less developed countries, and how they can provide explanations for institutions which, in neoclassical theory, appear anomalous and/or inefficient. Sharecropping and other

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1985-02-01
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