When inefficiency begets efficiency
Collective consumption decisions taken by the members of a household may prove inefficient. The impact of such inefficient household decisions on market performance is investigated. At one extreme, market efficiency can occur even when household decisions are inefficient, namely when household ineff...
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| Main Authors: | , |
|---|---|
| Format: | Book/Monograph Working Paper |
| Language: | English |
| Published: |
Wien
IHS
2003
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| Series: | IHS economics series
128 |
| In: |
IHS economics series (128)
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| Subjects: | |
| Online Access: | Verlag, Volltext: http://www.ihs.ac.at/publications/eco/es-128.pdf Download aus dem Internet, Stand: 08.04.2013, Volltext: http://hdl.handle.net/10419/71231 
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| Author Notes: | Hans Gersbach; Hans Haller |
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