Lee, Cheng-Te; Huang, Deng-Shing - Institute of Economics, Academia Sinica - 2011
considers only the diversity difference in talent distribution, we argue that the kurtosis difference is also an important …-good sector and submodular for the R&D sector, we prove that the diversity effect and kurtosis effect are opposite to each other … goods, opposite to the conventional result from considering only the diversity difference. …