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Economic history has become an increasingly broad discipline, after a temporary narrowing following the cliometric revolution of the mid-twentieth century. Increasingly sophisticated econometric techniques are used to capture the institutional detail involved in the dynamics of historical...
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Frank Knight’s theory of monopoly price has received relatively little attention in the literature on Risk, Uncertainty … and Profit. We argue that Knight accepted and refined the monopoly price theory of Carl Menger and his followers. Knight … price theory that seriously engages the study of institutions; and it adds new evidence and nuance to ongoing debates about …
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paper discuss Mengerian methodology for studying the human sciences, Mengerian process theory, the connection to Adam Smith …
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