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Probabilistic Compensation Criteria

A. Mitchell Polinsky

The Quarterly Journal of Economics · 1972 · Volume 86 · Issue 3

DOI: 10.2307/1880801

Abstract

I. Introduction, 407. — II. The multiple-change approach, 409. — III. A general probabilistic framework, 412. — IV. The quasi-Paretian criterion, 418. — V. Concluding remarks, 423.

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