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Does Trade Foster Contract Enforcement?

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NBER2008-05-01 更新2025-01-04 收录
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Contract enforcement is probabilistic, but the probability depends on rules and processes. A stimulus to trade may induce traders to alter rules or processes to improve enforcement. In the model of this paper, such a positive knock-on effect occurs when the elasticity of supply of traders is

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2008-05-01
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