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Part I: Individual Choice and Rationality -- Part II: Collective Choice and Collective Rationality -- Part III: Social … of social welfare. The topics include individual and collective rationality, motivation and intention in economics …, coercion, public goods, climate change, and voting theory. The book offers an excellent overview over latest research in these …
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This paper reviews recent research on the aggregation of heterogeneous time preferences. Main results are illustrated in simple Ramsey models with two or three agents who differ in their discount factors. We employ an intertemporal view on these models and argue that preferences of a decision...
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