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Describe the Hartwick rule for intergenerational fairness? What caused the Exxon Valdez disaster and how large were the damages? What are five biases that can

  1. Describe the Hartwick rule for intergenerational fairness?
  2. What caused the Exxon Valdez disaster and how large were the damages?
  3. What are five biases that can occur when economists use surveys to determine contingent values for public park acreage? (5 points 1 point each)

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