Preference matching 

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Microsoft Word - cpbdoc133.doc
... preference matching and accountability as arguments for decentralisation and on the other hand externalities and increasing returns as arguments for centralisation decentralisation centralisation preference matching ... externalities outweigh preference matching. table 6.1 subsidiarity motives for decentralisation and centralisation decentralisation centralisation functional test preference matching ...
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Microsoft Word - cpbdoc214.doc
... services and tax rates. such policy competition stimulates policy learning, preference matching and efficiency. decentralisation itself may also encourage experimentation and innovation, ... of decentralisation ( smaller jurisdictions) advantages of centralisation ( larger jurisdictions) stimulates preference matching for local public services, in particular when preferences are heterogeneous ...
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untitled
... bonds by collecting orders for buying and selling of bonds and matching these orders once per year, on the first business day ... the issuer and rank and will rank pari passu, without any preference among themselves and (save for certain obligations required to be preferred ... bonds by collecting orders for buying and selling of bonds and matching these orders once per year, on the first busi- ness ...
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