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According to the hypothesis of our study there is a close relationship between the standard of economic development and the scale of internal spatial disparities. Central in our applied theory is that the first phase of capitalist economic development is characterised with an initially fast and...
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Most studies find no collusion in tournaments. This result suggests that social preferences are irrelevant in this … tournaments. Moreover, we observe that collusion between the agents and reciprocity towards the principal are mutually exclusive. …
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