Cash-on-the-table
May 8th, 2003 - Posted in Political EconomyRemember, there shouldn’t be any Cash-on-the-table (unexploited economic profit) only on longrun and on average. Since different people have different emphasis on different goods, their reservation price for a good would not be equal. Thus a bargain that has no cash-on-the-table on averge may actually possess economic profit for some individuals.
