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Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498Economics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0073511498 Exercise 10
Felix and Oscar are roommates. Oscar is messy, and Felix is planning to move out unless they can come to an agreement. For the roommates to reach a private solution, does it matter whether Oscar compensates Felix for being messy or Felix pays Oscar to clean up?
Explanation
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Externality:
External benefits and exte...
Economics 1st Edition by Dean Karlan,Jonathan Morduch
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