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over-spend on a commodity for which they experience temptation (TP good). Resisting that temptation gives rise to a utility … short of) the marginal valuation of leisure that arises if the consumer would succumb to the temptation. We use iso …
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rate for each country under the equal-weight utilitarian social welfare function. We simulate the voting outcome for the …
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rate for each country under the equal-weight utilitarian social welfare function. We simulate the voting outcome for the …
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