Production, appropriation, and income transfer.
In a conflict between the prey and predator, the availability of income transfer option to the prey, given that defense is already an option, results in equilibrium where both defense and income transfer are utilized and the use of income transfer increases production efficiency by inducing either t...
| Publicado en: | Economic Inquiry Vol. 40; no. 2; pp. 279 - 288 |
|---|---|
| Autor principal: | |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
April 2002
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=510207918&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 510207918 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: N pubinfo: dt: April 2002 vid: 40 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 510207918 10.1093/ei/40.2.279 ppf: 279 ppct: 9 formats: fmt: – @attributes: type: T – @attributes: type: P size: 701KB tig: atl: Production, appropriation, and income transfer. aug: au: Noe, Suk Jae su: Resource allocation -- Mathematical models Economic equilibrium Production (Economic theory) sug: subj: Resource allocation -- Mathematical models Economic equilibrium Production (Economic theory) ab: In a conflict between the prey and predator, the availability of income transfer option to the prey, given that defense is already an option, results in equilibrium where both defense and income transfer are utilized and the use of income transfer increases production efficiency by inducing either the prey or predator to divert resources from appropriation to production. The equilibrium amount of defense can be smaller because the prey has an interest in minimizing the amount of transfer that can be achieved in part by provoking a largest possible amount of offense from the predator if actual fight broke out. (JEL C70, D60, D74) Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|