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This paper explores a series of general-equilibrium models in which people can choose to be either producers or predators, and in which producers can allocate their resources either to production or to guarding their production against predators. The analysis shows how the ratio of predators to...
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Traditionally, general-equilibrium models have taken effective property rights to be given and have been concerned only with analysing the allocation of resources among productive uses and the distribution of the resulting product. But, this formulation of the economic problem is incomplete...
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Drawing on the literature of occupational status and social distance, a theory is developed of labor migration that is prompted by a desire to avoid "social humiliation". A closed-economy general equilibrium model that incorporates occupational status and examines the interaction between the...
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