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The article is concerned with understanding the impact of social preferences and wealth inequality on aggregate economic outcomes. We investigate how different manifestations of other-regarding preferences affect incentive contracts at the microeconomic level and how these in turn translate into...
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The aim of this chapter is to examine the reason why the idea of the EU was created from the purely economic viewpoint, and show the reason why Brexit occurred. So far, the EU has adopted the integration of markets. It has the second stage of the integration of defense. This strategy is named...
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