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I will sketch the history of the so-called turnpike theorems and describe some interesting recent developments regarding them. I will also discuss the attempt to apply the ideas of turnpike theorems in the literature of optimal capital accumulation to the theory of competitive equilibrium over...
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This essay reports (without attempting an exhaustive survey of the literature) on a body of formal research rooted in the models with which these authors were concerned : the model of bargaining, the model of coalitional opportunities, and the model of distribution of unproduced resources; and...
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