Investment after tragedy

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.

MoreLess

Year of publication:	2006-05-19
Authors:	Wilson, Linus
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 4.2006, 18, p. 1-7
Publisher:	AccessEcon
Subject:	and tragedy

More details

Extent:	application/pdf
Type of publication:	Article
Classification:	D7 - Analysis of Collective Decision-Making ; O1 - Economic Development
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010630374