Anderton, C. H. (1999). Appropriation possibilities in a simple exchange economy. Economics Letters, 63, 77-83.
Appropriation possibilities cause relative price, trade volume, and welfare to vary considerably from the predictions of the standard Edgeworth box. When attack effectiveness is low:. a tariff designed to punish a nation’s piracy effort expands trade volume, welfare, and security of property. When attack effectiveness is high, the anti-piracy tariff causes the piracy rate to increase and the security of property to fall.
