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With the increasing ease with which information can be shared in social media, the issue of privacy has become central for the functioning of various online platforms. In this paper, we consider how privacy concerns affect individual choices in the context of a network formation game (where...
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framework for the analysis of growth driven by both entry of new firms and productivity improvements by continuing firms. Unlike … productivity improvements by incumbents in response to reduced entry, which may outweigh the positive effect of greater creative … destruction. As the model features entry of new firms and expansion and exit of existing firms, it also generates a non …
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