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Bruce Hamilton and Peter Kahn conducted a CBA of the Ballpark at Camden Yards - home of Major League Baseball's Baltimore Orioles - from the

Bruce Hamilton and Peter Kahn conducted a CBA of the Ballpark at Camden Yards - home of Major League Baseball's Baltimore Orioles - from the perspec- tive of Maryland residents. They found the net cost to Maryland taxpayers was $10.6 million per year, or $14.20 per household. Using concepts from class, explain briefly why it may have been rational to build the stadium, in spite of these results.

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