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Anger and Regulation

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NBER2009-08-01 更新2025-01-04 收录
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We propose a model where voters experience an emotional cost when they observe a firm that has displayed insufficient concern for other people's welfare (altruism) in the process of making high profits. Even with few truly altruistic firms, an equilibrium may emerge where all firms pretend to be

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2009-08-01
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