The theory of interstellar trade.: An article from: Economic Inquiry

This digital document is an article from Economic Inquiry, published by Western Economic Association International on October 1, 2010. The length of the article is 3160 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.

From the author: This article extends interplanetary trade theory to an interstellar setting. It is chiefly concerned with the following question: how should interest charges on goods in transit be computed when the goods travel at close to the speed of light? This is a problem because the time taken in transit will appear less to an observer traveling with the goods than to a stationary observer. A solution is derived from economic theory, and two useless but true theorems are proved. (JEL F10, F30)

Citation Details
Title: The theory of interstellar trade.
Author: Paul Krugman
Publication:Economic Inquiry (Magazine/Journal)
Date: October 1, 2010
Publisher: Western Economic Association International
Volume: 48 Issue: 4 Page: 1119(5)

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