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Cost benefit analysis market failure public goods

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Unformatted text preview: uences) Economies of scale Information asymmetry (definition and consequences) Risk aversion Risk premium Expected utility function Risk pooling Actuarially fair price Adverse selection Moral hazard Risk perception Prospect theory (main theories) Intertemporal consumption choice Discount rate Paache's price index Laspeyre's price index Equality of outcomes vs. equality of opportunity Lorenz curve and gini coefficients...
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