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    Exam 18: Assymmetric Information, the Rules of the Game, and Externalities
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    Explain the Distinction Between Legal and Economic Property Rights and Illustrate
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Explain the Distinction Between Legal and Economic Property Rights and Illustrate

Question 38

Question 38

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Explain the distinction between legal and economic property rights and illustrate it with an example.

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Legal rights are prescribed by law while...

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