Logo
Munich Personal RePEc Archive

When can we do better than autarky?

Tian, Guoqiang and Zhang, Yuzhe (2013): When can we do better than autarky? Published in: Economics Letters

[img]
Preview
PDF
MPRA_paper_44338.pdf

Download (94kB) | Preview

Abstract

This paper provides a necessary and sufficient condition for the existence of nonautarkic contract in a risk sharing model with two-sided lack of commitment. Verifying the condition takes just one Guassian elimination of a matrix.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.