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According to the Coase theorem, the private market can achieve an efficient outcome:
Permissive Parents
Parenting style characterized by low demands with high responsiveness, where parents are lenient and avoid confrontation.
Authoritarian
A governance or leadership style characterized by strict adherence to authority and control, with little freedom for subordinates.
Strict
Involves rigid enforcement or exacting adherence to specified guidelines or standards.
Permissive
A parenting or leadership style characterized by low demands with high responsiveness, where rules are minimal and children are largely allowed to regulate their own behavior.
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