Stark, Oded; Zawojska, Ewa; Kohler, Wilhelm; … - 2018
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 …