On the frequency of the transfer paradox

Research output: Contribution to journalArticlepeer-review


It is shown here that the transfer paradox (TP) might be very common in reality. Almost every world with m≥3 countries and two commodities possesses many initial states where TP occurs at a unique and stable equilibrium.

Original languageEnglish
Pages (from-to)209-212
Number of pages4
JournalEconomics Letters
Issue number3-4
StatePublished - 1984


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