Investment after tragedy

Linus Wilson ()
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Linus Wilson: University of Cincinnati

Economics Bulletin, 2006, vol. 4, issue 18, 1-7

Abstract: This paper considers a community where contracting institutions are weak. If social sanctions against opportunism rise in times of stress, then some good projects may be born out of misfortune.

Keywords: and; tragedy (search for similar items in EconPapers)
JEL-codes: D7 O1 (search for similar items in EconPapers)
Date: 2006-05-19
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