|
|
Linus Wilson |
|
''Investment after tragedy'' |
( 2006, Vol. 4 No.18 ) |
|
|
This paper considers a community where contracting institutions are weak. If social sanctions against opportunism rise in times of stress, then some good projects may be born out of misfortune. |
|
|
Keywords: and tragedy |
JEL: D7 - Analysis of Collective Decision-Making: General O1 - Economic Development: General |
|
Manuscript Received : May 18 2006 | | Manuscript Accepted : May 19 2006 |
|