Grossman, Herschel I.; Kim, Minseong - In: Journal of Institutional and Theoretical Economics (JITE) 158 (2002) 3, pp. 393-393
This paper analyzes a general-equilibrium model in which each person can choose to be either a producer or a predator. This model shows how predation breaks the link between the interpersonal distribution of productive resources and the inter-personal distribution of consumption. Specifically,...