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We consider a class of social cost problems where one polluter interacts with an arbitrary number of potential victims. Agents are supposed to cooperate and negotiate an optimal pollution level together with monetary transfers. We examine multi-choice cooperative games associated with a social...
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individual chooses the behavior that, if detected, is stigmatized. The comparative static analysis of stigma costs differs from … that of conventional penalties. One surprising result with important policy implications is that stigma costs of long …
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