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[eng] A game theory approach to international economic relations. Christian Stoffaes. Game theory concepts, such as dissuasion, cooperation, cartels and coalitions, etc. can be usefully applied to a better understanding of those economic relations, where pure and perfect competition analysis is...
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This article explores a monopolist's incentive to distort the direction of technological change. For strategic reasons, the monopolist might invent and employ a socially undesirable technology. In so doing, he might jeopardize not only the vigor of product-market competition but also the...
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[...]As we documented in a longer version of this paper (Triplettand Bosworth forthcoming), labor productivity growth in theservices industries after 1995 was a broad acceleration, not justconfined to one or two industries, as has sometimes beensupposed. Using the 1977-95 period as the base, we...
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