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Climate policy has been mainly studied with economic models that assume representative, rational agents. However, it aims at changing behavior associated with carbon-intensive goods that are often subject to bounded rationality and social preferences, such as status and imitation. Here we use a...
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Since the publication of Keynes' "General Theory of Employment, Interest, and Money" in 1936 many new ideas and …
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, followed by the multiplier effect. Both of the two effects are closely related to the intermediate input linkage, and thus shed …
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