Why do the poor pay more? Exploring the
β
Ronald U. Mendoza
π
Article
π
2008
π
John Wiley and Sons
π
English
β 381 KB
## Abstract The poverty penalty refers to the relatively higher cost shouldered by the poor, when compared to the nonβpoor, in their participation in certain markets. By trying to further develop this concept, this paper clarifies some of the subtle and more direct ways through which the poor could