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Unlike the typical issue in which optimality requires some amount of local public goods provided in every town/locality, determining the best location for an indivisible local collective good, is not straightforward by merely appealing to the Pareto efficiency criterion. If two cities are...
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"With diverse contributions from over 100 authors around the globe, this comprehensive Encyclopedia summarises the developments of ecological economics from the fundamental contributions to the more recent methodological debates in the field. This Encyclopedia further reflects the relevant state...
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