From: Markku Stenborg Subject: Re: "Nobel" in Economics Date: Message-ID: <4a1a2e$a8d@ankka.csc.fi>
In article <··········@mozo.cc.purdue.edu> Bill Richter, ·······@banach.math.purdue.edu writes: [snip] >Slavery isn't efficient from the Slaves's point of view! It could very well be ex ante efficient. In contracting problems, it removes limited liability constraints. [snip] Markku Stenborg ·······@utu.fi Take my advice, I have no use for it