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Resolving Intertemporal Conflicts: Economics vs Politics

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NBER2014-11-01 更新2025-01-04 收录
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Intertemporal conflicts occur when a group of agents with heterogeneous time preferences must make a collective decision about how to manage a common asset. How should this be done? We examine two methods: an 'Economics' approach that seeks to implement efficient allocations, and a 'Politics'

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2014-11-01
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