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their expectations about mutual interactions. These mechanisms vary depending on the context, and in Argentina, these are …
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Federalism in general and fiscal federalism in particular are crucial axes of Argentina’s history, of Argentina …’s current situation, and of Argentina’s possible futures. This paper provides a tour of the recent history of fiscal federalism … in Argentina, and an overview of its current configuration and main problems. It focuses on the relationship between …
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We show that, under independent private values, no mechanism that contains a right-of-first-refusal clause can maximize the sum of the utilities of the seller and the right-holder.
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