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Alexander W. Cappelen, Cornelius Cappelen, Bertil Tungodden. 2023. “Second-Best Fairness: The Trade-Off between False Positives and False Negatives.” American Economic Review 113 (9): 2458-2485.
[Copyright American Economic Association; reproduced with permission of the American Economic Review]
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When it comes to welfare policy, how do we balance giving some individuals more than they deserve vs. giving others less than they deserve?
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