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We propose a model of sharing of public services among local governments. Our model is an application of Nicoló et al. (2023) and combines features of two models: assignment games (Shapley and Shubik, 1971) and the division problem (Sprumont, 1991). I show that the SAM algorithm provided in...
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This paper provides a welfare analysis of trade liberalization based upon the moral principles of utilitarianism. The … history of the moral philosophy of utilitarianism is described including its introduction into what became known as Cambridge …
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(intergenerational equity), using a common framework generalizing the discounted expected utilitarianism approach. We propose a general …
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