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centers and points in Popayan, Colombia, were identified, enabling efficient resource allocation for affected families …. Subsequently, the simulation model evaluated scenarios based on real earthquakes in Colombia and Latin America, providing a …
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We study the sensitivity of optimal consumption streams with respect to perturbations of the random endowment. At the leading order, the consumption adjustment does not matter: any choice that matches the budget constraint simply shifts the original utility by the marginal value of the...
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