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One of these is deregulator or privatization of public enterprises or utilities. Deregulation is a world wide phenomenon. But experience of power failure in California and Mumbai reveal certain issues which has to be taken into account; if a transition on the path of deregulation has to be kept smooth.
If the deregulation system has to succeed, then we will have to keep checks on the motion of short term profit maximization. Any one may have incentive to maximize profit but when markets are not working perfectly these are always opportunities which cast blame on the market as a whole.
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Q. Is Heterogeneity the sole cause of conflict of interests? Explain heterogeneity as a cause of variation of aspirations of agents leading to formation of various special inte
wat are futures and option markets
examine the efficiency of quantitative credit control instruments.
Suppose there is certain social norm. Its enactment into statutory law lowers people's private cost of its enforcement because it creates the possibility that violation of norm wi
1.Suppose you are interested in assessing the value of a statistical life for individuals. You ?nd a dataset on risk and wages. You consider running the following OLS regression.
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what is multi unit finance
reallocation of the resources from 1 efficient point to another efficient point that cause the production of x increase and production of y decrease hold the condition of contrect
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