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The family plays a central role in decisions relative to the provision of long term care (LTC). We develop a model of family bargaining to study the impact of the distribution of bargaining power within the family on the choices of nursing homes, and on the location and prices chosen by nursing...
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"Contrary to most economic theory, consumers are not always easily distinguished from producers, particularly in the consumption and production of public services. Consumers of public safety add to their consumption and add to the community's supply of public safety by installing extra locks and...
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