Question
Watch Conan video clip https://youtu.be/Kirup-Nzw3o Pyramid scheme is one of the asymmetric information problems. In most of cases, a pyramid scheme hurts our economy and
Watch Conan video clip https://youtu.be/Kirup-Nzw3o Pyramid scheme is one of the asymmetric information problems. In most of cases, a pyramid scheme hurts our economy and financial market. But there is a good pyramid scheme outcome when we apply the concept of pyramid scheme with a correct exogenous variable. What would be that exogenous variable and why?
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Introduction to Econometrics
Authors: James H. Stock, Mark W. Watson
3rd edition
133595420, 978-0138009007, 138009007, 978-0133486872, 133486877, 978-0133595420
