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S2E2 - Cailin Slattery, Bidding for Firms

Densely Speaking

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What's the Role of Agency Problems in the Local Economy?

In his paper, i find that if the state has a governor who can run for re election, so whois not term limited, willing to pay forty million dollars more for a manufacturing plan. That suggests that there are very much political considerations going into the centiv policy. So when i think a about welfare, i want to be really careful about thinking about the welfare of states pol tion versus the welfare of the people who live in the state.

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