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Policy Library


Moral Hazard and Adverse Selection
Introduction In the traditional model of the neoclassical school, among the assumptions that would characterize the market is that of...


Economics
Introduction Today in the morning you got dressed, had breakfast, brushed your teeth, took public transportation or a car to get to work...


Demand & Supply
Introduction To explain different concepts and mechanisms, economists usually use “models”: a simplified representation of economic...


Competition
On sacred competition Competition is one of the most important institutions - if not the most important - of capitalism. In fact, for...


Elasticity
Introduction I can imagine a more or less elastic thread, a pair of pants that is elastic at the waist, or a T-shirt made of elastic...
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