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This paper studies externalities of nationally determined cost-sharing systems, in particular coinsurance rates …
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Many decisions in politics and business are made by teams rather than by single individuals. In contrast, economic models typically assume an individual rational decision maker. A rapidly growing body of (experimental) literature investigates team decisions in different settings. We study team...
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externalities from capital controls on investor portfolios. The analysis is structured based on information from investor interviews … expectations about future policies rather than the direct cost of the controls. This evidence of significant externalities from …
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