Cash subsidies for food and the fallacy of composition

Publication Type:

Journal Article

Authors:

Narendar Pani

Source:

Yojana, Ministry of Information and Broadcasting, Volume 57, p.20–22 (2013)

URL:

http://eprints.nias.res.in/351/

Abstract:

The shift to cash transfers thus provides us with a near textbook case of the fallacy of composition. But with its consequences being far from trivial the lessons to be learnt cannot be confined to the classroom

Notes:

Copyright belongs to the Publisher