Theft in equilibrium

Federico Weinschelbaum

No 20, Working Papers from Red Nacional de Investigadores en Economía (RedNIE)

Abstract: We incorporate theft in a partial equilibrium model. This model allows us to per­ form positive and normative analysis using traditional Marshallian tools, as well as to obtain results that do not hinge on specific parametric specifications. We analyze the model's implications under two scenarios, one in which all factors of production are subject to theft, and another in which only final goods are stealable.

JEL-codes: D72 D74 H23 K42 (search for similar items in EconPapers)
Pages: 41 pages
Date: 2020-08
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Related works:
Journal Article: Theft in equilibrium (2021)
Working Paper: Theft in equilibrium (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:aoz:wpaper:20

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