文章基本信息

标题：Enforcement with Costly Group Formation
本地全文：下载
作者：Sudipta Sarangi ; Prabirendra Chatterjee
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2005
卷号：15
出版社：Economics Bulletin
摘要：The joint liability literature claims that positive assortative matching, or risk homogeneity, is always the first best solution. We examine this claim in presence of group formation costs and find that the assertion is not always true.
关键词：Group Formation Costs