The Form of Property Rights: Oligarchic vs. Democratic Societies
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This paper develops a model where this is a trade-off between the enforcement of the property rights of different groups. An oligarchic' society, where political power is in the hands of major producers, protects their property rights, but also tends to erect significant entry barriers, violating
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美国国家经济研究局创建时间:
2003-10-01



