When can we do better than autarky?

被引：1
|
作者：
Tian, Guoqiang [1 ]
Zhang, Yuzhe [1 ]
机构：
[1] Texas A&M Univ, Dept Econ, College Stn, TX 77843 USA
来源：
ECONOMICS LETTERS | 2013年 / 119卷 / 03期
关键词：
Lack of commitment; Risk sharing; Autarky; COMMITMENT;
D O I：
10.1016/j.econlet.2013.03.018
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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 Gaussian elimination of a matrix. Published by Elsevier B.V.
引用
收藏
页码：328 / 331
页数：4
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