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Investment after tragedy

Author

Listed:
  • Linus Wilson

    (University of Cincinnati)

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.

Suggested Citation

  • Linus Wilson, 2006. "Investment after tragedy," Economics Bulletin, AccessEcon, vol. 4(18), pages 1-7.
    • Handle: RePEc:ebl:ecbull:eb-06d70003
    as

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    File URL: http://www.accessecon.com/pubs/EB/2006/Volume4/EB-06D70003A.pdf
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    More about this item

    Keywords

    and tragedy;

    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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