DukeSpace

Browsing by Author "Gang, Ira N."

DukeSpace

Browsing by Author "Gang, Ira N."

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  • Gang, Ira N.; Tower, Edward (Journal of Economic Theory, 1988)
    We offer a simple proof of the paradox discovered by Stahl and Alexeev that the introduction of black markets in a fixed price economy with a rationing mechanism consisting of waiting line queues is not necessarily a ...