Acknowledging that individuals dislike having low relative income renders trade less attractive when seen as a … technology that integrates two economies by merging separate social spheres into one. We define a "trembling trade" as a … situation in which gains from trade are less than losses in relative income, with the result that global social welfare is …

Acknowledging that individuals dislike having low relative income renders trade less attractive when seen as a … technology that integrates two economies by merging separate social spheres into one. We define a “trembling trade” as a … situation in which gains from trade are less than losses in relative income, with the result that global social welfare is …

Acknowledging that individuals dislike having low relative income renders trade less attractive when seen as a … technology that integrates two economies by merging separate social spheres into one. We define a “trembling trade” as a … situation in which gains from trade are less than losses in relative income, with the result that global social welfare is …

constructive example reveals that a "trembling trade" can arise even when trade is doubly gainful in that it increases the income …Acknowledging individuals' distaste for low relative income renders trade less appealing when trade is viewed as a … technology that integrates economies by merging separate social spheres into one. We define a "trembling trade" as a situation in …

constructive example reveals that a "trembling trade" can arise even when trade is doubly gainful in that it increases the income …Acknowledging individuals' distaste for low relative income renders trade less appealing when trade is viewed as a … technology that integrates economies by merging separate social spheres into one. We define a "trembling trade" as a situation in …

Acknowledging that individuals dislike having low relative income renders trade less attractive when seen as a … technology that integrates two economies by merging separate social spheres into one. We define a 'trembling trade' as a … situation in which gains from trade are less than losses in relative income, with the result that global social welfare is …

Acknowledging that individuals dislike having low relative income renders trade less attractive when seen as a … technology that integrates two economies by merging separate social spheres into one. We define a "trembling trade" as a … situation in which gains from trade are less than losses in relative income, with the result that global social welfare is …

Acknowledging that individuals dislike having low relative income renders trade less attractive when seen as a … technology that integrates two economies by merging separate social spheres into one. We define a "trembling trade" as a … situation in which gains from trade are less than losses in relative income, with the result that global social welfare is …

. We show that a trembling trade can arise even when trade is more gainful in four ways: through trade the absolute income …Acknowledging that individuals dislike having low relative income renders trade less attractive when seen as a … technology that integrates two economies by merging separate social spheres into one. We define a trembling trade as a situation …