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incorporating (the level of) absolute wealth in the individual's utility function. …
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This paper looks at the integration of regions and nations through the prism of the merger of populations (societies). The paper employs a particular index of social stress. Stylized examples of the merging of two populations suggest that with integration, the social stress index will increase....
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incorporating (the level of) absolute wealth in the individual’s utility function. …
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incorporating (the level of) absolute wealth in the individual's utility function. …
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