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This paper studies the conditions under which the basic results of the re vealed preference theory can be established on the domain of choice problems which include non-convex feasible sets, the exercice is closely related to the works of Peters and Wakker (1991) and Bossert (1994).
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The world is currently experiencing average high temperatures and low precipitation, frequent droughts and scarcity of both ground and surface water. The damaging effects of global climate change are increasing and most damages are predicted to occur in developing countries due to their...
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