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, constitutions help to solve coordination problems, not cooperation problems. …
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situation of partial anarchy in some market redistributive policies in other markets may help to reduce the inefficiency in the …
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In this paper we analyze the structure of contest equilibria with a variable number of individuals. First we analyze a situation where the total prize depends on the number of agents and where every single agent faces opportunity costs of investing in the contest. Second we analyze a situation...
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, constitutions help to solve coordination problems, not cooperation problems. …
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, constitutions help to solve coordination problems, not cooperation problems. …
Persistent link: https://www.econbiz.de/10010317669