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To innovate or to transfer?

โœ Scribed by Aykut Lenger; Erol Taymaz


Book ID
105859244
Publisher
Springer-Verlag
Year
2005
Tongue
English
Weight
292 KB
Volume
16
Category
Article
ISSN
0936-9937

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The transfer problem is by now well understood. In an important b o o k Chichilnisky-Heal provide an example of a related paradox -the destroy paradox -in the context of a Walrasian stable economy. It is evident, however, that the paradox depends on the underlying data -tastes, preferences, and net