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|Title:||Decentralisation and the Perceived Quality of Institutions|
|Citation:||Economics Letters, 2004, 83 (1), pp.77-82|
|Abstract:||In a simple two-sector model of economic exchange it is shown that decentralisation may fail to be Pareto-improving if traders' perception of formal contract enforcement falls short of its actual quality.|
|Appears in Collections:||Published Articles, Dept. of Economics|
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