What are the four incentives of private property how do, Econometrics

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What are the four incentives of private property how do

1. What are the four incentives of private property? How do they differ from the incentives found in common property?

2. What is a cap and trade policy? How might such a policy help to decrease a negative externality?

3. What are the basic roles of government?

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Econometrics: What are the four incentives of private property how do

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