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important in absorbing economic shocks. The paper discusses the theory on the professions, followed by empirical analysis for …
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tight oligopoly by changing the market structure; and (3) treat the symptoms of an established tight oligopoly. We apply …
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Pleas for a level playing field, for instance in international trade, are often not well-founded. This is because it is not exactly clear what a 'level playing field' means. But even if it would be clear what the plea would imply, a level playing field is not always desirable from an economic...
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