When can we do better than autarky? Academic Article uri icon

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 Gaussian elimination of a matrix. 2013.

published proceedings

  • ECONOMICS LETTERS

author list (cited authors)

  • Tian, G., & Zhang, Y.

citation count

  • 1

complete list of authors

  • Tian, Guoqiang||Zhang, Yuzhe

publication date

  • June 2013