Wen, Mei An Analytical Framework of Producer-consumers, Economies of Specialization and Transaction Costs In this paper, an analytical framework of producer-consumers is presented. It is proved that a producer-consumer does not buy and sell the same good, does not buy and self-provided the same good, and sells one good at most if there exist economies of specialization and transaction costs. Based on this, a lot of classical economic thoughts can be resurrected and many interesting results can be obtained from this kind of analytical framework. 1959.1/36245;monash:6966;1995 2017-06-06
    https://bridges.monash.edu/articles/journal_contribution/An_Analytical_Framework_of_Producer-consumers_Economies_of_Specialization_and_Transaction_Costs/5080561
10.4225/03/5935ff323db16