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A note on the paradox of analysis

✍ Scribed by P. K. Feyerabend

Publisher
Springer Netherlands
Year
1956
Tongue
English
Weight
351 KB
Volume
7
Category
Article
ISSN
0031-8116

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It is well known that an agent can be hurt by accepting a gift, the donor of which is made better off. Why then does the recipient accept this welfare reducing gift? This paper examines the strategic aspects of the paradox. It shows that if the recipient refuses the gift, it would suffer an even gre