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The International Coffee Agreement (ICA) used export quotas to restrict coffee trade in order to increase and stabilize the international price. A model of domestic pricing policy is developed which shows that the producer price should have fallen in response to ICA quotas. Econometric analysis...
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The 2005 California Clean Air Access Sticker program offered stickers to owners of hybrid cars allowing unrestricted access to High Occupancy Vehicle lanes. The program was conceived as a zero-cost mechanism to encourage purchase of hybrid cars and to reduce air pollution. Information from sales...
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