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We analyze the Baron and Myerson (1982) model of regulation under the restriction that transfers are infeasible. Extending the Lagrangian approach to delegation problems of Amador and Bagwell (2013a) ...
Analysis is based on data collected through the Africa Centre Demographic Information System. We have benefited from the ACDIS field and data centre staff under the leadership of the principal invest...
When workers can capture rents from their influence on corporate decisions, mergers can become a device to generate transfers of wealth. This paper examines the merger incentives from these transfers ...
Demand for well-designed safety net and cash transfer programs to assist poor families is growing across the world, as 2009 has developed into a year of tough economic challenges-especially for househ...

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