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1992

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Blackmail And Transactional Structure - 1992, Wendy J. Gordon Aug 1992

Blackmail And Transactional Structure - 1992, Wendy J. Gordon

Scholarship Chronologically

The Coase Theorem operates in a world where mistaken allocations can be cured by trade. But blackmail involves two areas where mistaken allocations are likely to be permanent: free speech and reputation.