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Purpose: This paper aims to offer a unified economic interpretation of the existing evidence on the Manila Galleon. It intends to be an introduction to the Manila Galleon for economists curious about long-term patterns in global trade, but who are not experts on economic history....
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This paper proposes a network formation model for explaining the stability of tribal societies. The model is supported by the idea that every two members of a tribe should have benefited from being connected to each other in order for the whole tribe to be stable. It also considers the...
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