Non-global social contracts: A note on i
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Robert A. Blewett; Roger D. Congleton
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Article
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1983
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Springer US
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English
β 418 KB
This paper explores some perverse features that can emerge when social contracts are moved from a social vacuum to a setting of social interdependence. In particular we note incentives that might exist in conjunction with externality problems that yield situations in which: (1) social contracts red