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In recent contributions to the theory of public pension systems it was argued that a Pareto-improving transition from an established unfunded pension system to a funded one is possible. This result is derived in an overlapping-generations model with identical individuals. In the present study an...
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contribution. On the other hand such a strategic behaviour clashes with moral values, especially concerning motives of justice … within society. Should free-riding be preferred from the strategic point of view or rather, out of consideration to justice …, national commitments to contribute to climate protection? Therefore, an analysis of how appraisals of justice and strategic …
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