Theoretical Economics Letters

Vol.5 No.2(2015), Paper ID 55251, 13 pages

DOI:10.4236/tel.2015.52027

 

Voluntarily Relinquishing Private Property Rights: The Existence of Risk-Pooling Equilibria When Facing Environmental Uncertainty

 

Francis E. Raymond, Benjamin W. Raymond

 

Department of Economics and Finance, Rubel School of Business, Bellarmine University, Louisville, KY, USA
Department of Economics, Krannert School of Management, Purdue University, West Lafayette, IN, USA

 

Copyright © 2015 Francis E. Raymond, Benjamin W. Raymond et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

 

How to Cite this Article


Raymond, F. and Raymond, B. (2015) Voluntarily Relinquishing Private Property Rights: The Existence of Risk-Pooling Equilibria When Facing Environmental Uncertainty. Theoretical Economics Letters, 5, 225-237. doi: 10.4236/tel.2015.52027.

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