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Compared with the traditional public-finance approach of a monolithic fully informed planner, earmarking of taxation is …. Vote maximizers are more inclined to choose earmarking, but at the price of inefficiently high costs. …
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Compared with the traditional public-finance approach of a monolithic fully informed planner, earmarking of taxation is …. Vote maximizers are more inclined to choose earmarking, but at the price of inefficiently high costs. …
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