Showing 1 - 3 of 3
We set out a model of production and appropriation involving many players, who differ with respect to both resource endowments and productivities. We write down the model in a novel way that permits our analysis to avoid the proliferation of dimensions associated with the best response function...
Persistent link: https://www.econbiz.de/10008505794
I examine household resource reallocation when private transfers are sent to nonhousehold members living elsewhere. The literature has so far focused on the impact of private transfers on the recipients, but not on the senders. Potential endogeneity of private transfers is handled by...
Persistent link: https://www.econbiz.de/10011107163
This study contributes to the small theoretical literature on human smuggling by assuming for the first time asymmetric information in analysis. The assumption raises the possibility of an adverse selection equilibrium where only exploitative smugglers are employed at a low fee even though...
Persistent link: https://www.econbiz.de/10011107180