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This paper aims to explain the rise and fall of communism by exploring the interplay between economic incentives and …, and back to restoring market incentives. The grand experiment of communism is thus characterized to have led to the … discovery of a trade-off between equality and efficiency at the scale of alternative economic systems. -- Capitalism ; Communism …
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This paper studies cross-border intellectual property rights (IPR) as a North-South contract using a Nash bargaining approach and distinguishes between the outcome and its actual enforcement. The absorptive capacity of the Southern country to exploit technology transfer plays a key role in the...
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