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When can we do better than autarky?

Article ID Journal Published Year Pages File Type
5059779 Economics Letters 2013 4 Pages PDF
Abstract
This paper provides a necessary and sufficient condition for the existence of nonautarkic contract in a risk sharing model with two-sided lack of commitment. Verifying the condition takes just one Gaussian elimination of a matrix.
Keywords
D82D86AutarkyRisk sharingLack of commitment
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
When can we do better than autarky?
Authors
Guoqiang Tian, Yuzhe Zhang,
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Journal
Economics Letters
Journal: Economics Letters
Related Categories
D82
D86
Autarky
Risk sharing
Lack of commitment
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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