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Incentives and Government Relief for Risk

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NBER1989-06-01 更新2025-01-04 收录
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Government relief is offered for a wide range of risks - - natural disaster, economic dislocation, sickness and injury. This paper explores the effect of such relief on incentives and the allocation of risk in a model with private insurance. It is shown that government relief is inefficient, even

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1989-06-01
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