Definition:
Townsend inefficiency is a possible property of monetary exchange. One of the parties is evaluating
the value of the money he gets in the transaction not the utility he generated in production.
Terms related to Townsend Inefficiency:
None
About.Com Resources on Townsend Inefficiency:
None
Writing a Term Paper? Here are a few starting points for research on Townsend Inefficiency:
Books on Townsend Inefficiency:
None
Journal Articles on Townsend Inefficiency:
None

