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properties of markets without transaction costs, namely strategyproofness, efficiency, and robustness to misspecified beliefs and …
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optimality and efficiency of the distribution of budgetary funds in the process of exercising the assigned budgetary powers by …
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else equal, suffer relative to the best performing countries. We can refer to this as the countries' (in)efficiency at … with a 10%higher disaster relief efficiency will save one more life and protect four more people at the cost of $8 million in …
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