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You searched for: label/Welfare Theorems

The political-economy of water…all in auctions

…This paper proposes a novel mechanism for reallocating temporary water flows or permanent water rights. The All-in-Auction (AiA) increases efficiency and social welfare by reallocating water without harming water rights…

Romney’s Tax Views

…lobbying organizations–less regulation, more privatization, more reductions to earned benefits like Medicare and Social Security, and more tax provisions that favor the rich that the GOP labels–without empirical support– as…