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Although Mancur Olson’s model of selective incentives (1965) is a cornerstone of public choice theory, the model has not been carefully tested. Researchers have lacked representative data on interest group members and nonmembers or information about the economic benefit of membership. This...
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Spurred in part by growing production from renewable sources and adoption of electric vehicles, dynamic pricing programs for electricity are increasingly being used to influence the shape of residential demand. The most common time-variant prices are time-of-use (TOU) prices, which vary by hour...
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