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In this paper, I propose a life cycle model of painkiller consumption that combines the theory of health deficit … accumulation with the theory of addiction. Chronic pain is conceptualized as a persistent negative shock to lifetime utility that …
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Assuming that owners are fully compensated for the costs and benefits through the prices they pay for properties, we investigate the effects conservation areas have on value in England in a spatial hedonic analysis of property prices. Controlling for a particularly rich set of property and...
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