dc.contributor.author |
Stark, Oded |
|
dc.contributor.author |
Zawojska, Ewa |
|
dc.contributor.author |
Kohler, Wilhelm |
|
dc.contributor.author |
Szczygielski, Krzysztof |
|
dc.date.accessioned |
2018-05-03T13:49:11Z |
|
dc.date.available |
2018-05-03T13:49:11Z |
|
dc.date.issued |
2018-05-02 |
|
dc.identifier.other |
511978464 |
de_DE |
dc.identifier.uri |
http://hdl.handle.net/10900/81789 |
|
dc.identifier.uri |
http://nbn-resolving.de/urn:nbn:de:bsz:21-dspace-817896 |
de_DE |
dc.identifier.uri |
http://dx.doi.org/10.15496/publikation-23183 |
|
dc.description.abstract |
Acknowledging individuals’ distaste for low relative income renders trade less appealing when trade is viewed as a technology that integrates economies by merging separate social spheres into one. We define a “trembling trade” as a situation in which gains from trade are overtaken by losses of relative income, with the result that global social welfare is reduced. A constructive example reveals that a “trembling trade” can arise even when trade is doubly gainful in that it increases the income of every individual and narrows the income gap between the trading populations. |
en |
dc.language.iso |
en |
de_DE |
dc.publisher |
Universität Tübingen |
de_DE |
dc.rights |
ubt-podno |
de_DE |
dc.rights.uri |
http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=de |
de_DE |
dc.rights.uri |
http://tobias-lib.uni-tuebingen.de/doku/lic_ohne_pod.php?la=en |
en |
dc.subject.classification |
Economics |
de_DE |
dc.subject.ddc |
330 |
de_DE |
dc.subject.other |
Gains from trade |
en |
dc.subject.other |
Increase of incomes |
en |
dc.subject.other |
Decrease of income gap |
en |
dc.subject.other |
Integration |
en |
dc.subject.other |
Change of social space |
en |
dc.subject.other |
Low relative income |
en |
dc.subject.other |
Social welfare |
en |
dc.title |
An adverse social welfare effect of a doubly gainful trade |
en |
dc.type |
Article |
de_DE |
utue.publikation.fachbereich |
Wirtschaftswissenschaften |
de_DE |
utue.publikation.fakultaet |
6 Wirtschafts- und Sozialwissenschaftliche Fakultät |
de_DE |
utue.publikation.source |
University of Tübingen Working Papers in Economics and Finance ; No. 106 |
en |