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institutions implement the Lindahl allocation in the economy as a sub-game perfect Nash equilibrium of the political game. iv) As a …
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competition, these institutions implement the Lindahl allocation in the economy as a sub-game perfect Nash equilibrium of the …
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The central purpose of this book is to analyse the optimal allocation of local public goods or services (for example … garbage collection, police, fire brigades and medical services) in large urban agglomerations and the allocation consequences … jurisdictions and the impact this probable increase in competition may have on the achievement of the optimal allocation of local …
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