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The use of traditional industry-level profitability indicators for assessing the state of competition is problematic for two reasons. First, short-term variation reflects business cycles more than it does the impact of competition policy. Second, rough industry-level indicators hide different...
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by e.g. highly varying policies to sharing and pricing the data. For instance, since the governmental data producer sets … regarding pricing policies, although the economic analysis of impacts has almost remained as an untouched area of research yet … use the data, income made by creating value out of the data as well as their opinions about the pricing policies. Size of …
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The creation and effects of social capital have seldom been a target for systematic analysis in orthodox economics. The purpose of the paper is to argue that in order to include social capital, along with physical and human, into economic analysis, we have to regard human preferences as...
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