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Urban Transportation Financing
This volume demonstrates the benefits of evaluating the economic merits of policy alternatives, and attempts to determine whether existing policies waste resources or lead to undesirable income transfers among different groups in the population.
Capital-biased Subsidies, Bureaucratic Monitoring, and Bus Scrapping
Capital-biased subsidies will increase the scrapping probability and reduce the expected life for urban transit buses and hence waste resources.
Merger Law Reform
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