If allocating water through nonprice means generally harms society, can you suggest why governments often do this?

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The Economics of Public Issues

ISBN: 978-0134018973

19th edition

Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North

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Question Posted: Oct 15, 2018 10:46 AM

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If allocating water through nonprice means generally harms society, can you suggest why governments often do this?

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The principle of rational ignorance helps here Allocation by nonprice mea...View the full answer

The Economics of Public Issues

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