A Simple Model Of Useless Speculation
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References listed on IDEAS
- Paul A. Samuelson, 1972. "The Consumer Does Benefit from Feasible Price Stability," The Quarterly Journal of Economics, Oxford University Press, vol. 86(3), pages 476-493.
- J. Huston McCulloch, 1975. "Operational Aspects of the Siegel Paradox," The Quarterly Journal of Economics, Oxford University Press, vol. 89(1), pages 170-172.
- Hal R. Varian, 1989. "Measuring The Deadweight Costs Of Dup And Rent Seeking Activities," Economics and Politics, Wiley Blackwell, vol. 1(1), pages 81-95, March.
- Paul R. Krugman, 1981. "Consumption Preferences, Asset Demands, and Distribution Effects in International Financial Markets," NBER Working Papers 0651, National Bureau of Economic Research, Inc.
- Hart, Oliver D., 1975. "On the optimality of equilibrium when the market structure is incomplete," Journal of Economic Theory, Elsevier, vol. 11(3), pages 418-443, December.
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Keywordsspeculation ; second best ; prices;
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