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establishes the optimal policy function in order to control "hidden actions" from managers of Public Water Utilities (PWU …) regarding investments that deviate from the Optimized Business Plan (OBP), with the purpose of inducing managers to reduce …
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Global public good provision (e.g. environmental quality) confronts us with problems demanding both national and international co-operation. However among sovereign nations reaching agreement on mutual public good provision is difficult. Slowing down global warming is just one example. Due to...
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