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The question of optimal population size is investigated for three alternative social welfare functions: (1) the total utility of the present and future generations (Benthamite), (2) the average utility (Millian), and (3) the individual utility of a member
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We provide a concise overview of time series analysis in the time and frequency domains, with lots of references for further reading.
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This paper explores the econometric implications of learning behavior. In an illustrative model the government maximizes the discounted sum of tax revenues subject to the constraint imposed by a Laffer curve involving a parameter initially not perfectly known but about which Bayesian learning...
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