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This paper shows that the logical properties of constraints imposed by law are fundamentally different from other constraints considered in economics such as budget constraints and bounded rationality constraints, such as the ones based on inattention or shortlisting. This suggests that to fully...
Persistent link: https://www.econbiz.de/10013200088
Persistent link: https://www.econbiz.de/10012267101
This paper shows that the logical properties of constraints imposed by law are fundamentally different from other constraints considered in economics such as budget constraints and bounded rationality constraints, such as the ones based on inattention or shortlisting. This suggests that to fully...
Persistent link: https://www.econbiz.de/10012493303
Persistent link: https://www.econbiz.de/10013308583
Persistent link: https://www.econbiz.de/10014547319