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Designing occupational regulations capable of balancing the need to protect consumers on the one hand with the need to minimize barriers to employment and entrepreneurship on the other has become a public policy priority in many countries, including China. In a State Council executive meeting on...
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This paper studies how rewards based on class rank affect student effort and performance using a game-theoretic classroom competition model and data from the resettlement of Southeast Asian refugees in the US. The paper finds that variation in the presence of strong or weak students changes the...
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