منابع مشابه
Borrowing and non-Borrowing among International Courts
Why do some international courts and judges extensively borrow from other international courts while others do not? Answers to this question have important implications for debates on transjudicial communication, the diffusion of international legal norms, and international judicial behavior. Judges may use external sources because they help improve decisions or because it fits their ideologica...
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Steven N. Kaplan is Neubauer Family Professor of Entrepreneurship and Finance, University of Chicago Graduate School of Business, Chicago, Illinois. Per Strömberg is Professor of Finance at the Stockholm School of Economics and Director of the Swedish Institute of Financial Research (SIFR), both in Stockholm, Sweden. Both authors are also Research Associates, National Bureau of Economic Researc...
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We formulate and study the requirement on an allocation rule that no agent should be able to benefit by augmenting his endowment through borrowing resources from the outside world (alternatively, by simply exaggerating it). We show that the Walrasian rule is not “borrowing-proof” even on standard domains. More seriously, no efficient selection from the endowments-lower-bound correspondence, or ...
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ژورنال
عنوان ژورنال: Review of Economic Dynamics
سال: 2013
ISSN: 1094-2025
DOI: 10.1016/j.red.2012.09.006