Research Framework

European Commission Framework 7 Research Programme

 

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Appropriation possibilities in a simple exchange economy

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 [...]

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