Now showing items 81-90 of 1358
Employment, not Microcredit, is the Solution
(2007-01)
Most studies suggest that microcredit is beneficial but only to a limited extent. The problem lies not with microcredit but rather with microenterprises. With low skills, little capital and no scale economies, these ...
On the Evolution of Collective Enforcement Institutions: Communities and Courts
(2014-02)
We analyze the capacities of communities (or social networks) and courts to secure cooperation among heterogeneous, impersonal transactors. We find that communities and courts are complementary in that they tend to support ...