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A General Rationale for a Governmental Role in the Relief of Large Risks

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NBER2014-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w20192
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资源简介:
The government often provides relief against large risks, such as disasters. A simple, general rationale for this role of government is considered here that applies even when private contracting to share risks is not subject to market imperfections. Specifically, the optimal private sharing of risks
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2014-06-01
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