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This paper studies the role of bargaining power in coalition formation when two groups of substantially different agents negotiate over a public good with positive or negative spillovers. Both types of agent are allowed to form coalitions before the negotiations start. The forming of coalitions...
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While applied national accounts are based on market costs and outputs, non-market valuation techniques yield estimates for consumer or Hicksian surplus. To integrate non-market values in national accounts we propose the Simulated Exchange Value method, which simulates the whole market (demand...
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The United Nations Statistical Commission (UNSC) adopted the recommended monetary System of Environmental-Economic Accounting – Ecosystem Accounting (SEEA EA) in March 2021. The explicit aim of the SEEA EA is to highlight ecosystem services and environmental assets of individual economic...
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