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of encompassing unions. This result holds for different ways of dividing the surplus within the union. The effects of … in heterogeneity does not affect the decision whether to form a union or not. This contrasts with the result in Jun (1989). …
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of encompassing unions. This result holds for different ways of dividing the surplus within the union. The effects of … in heterogeneity does not affect the decision whether to form a union or not. This contrasts with the result in Jun (1989). …
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