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A long-run tendency of industry profit rates to converge to a single competitive level has been a fundamental tenet of the industrial organization approach to the study of competitiveness in a market economy. This paper shows that for the post-World War II period a weak equalization can be...
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<Para ID="Par1">This paper investigates whether a search engine’s ordering of algorithmic results has an important effect on website traffic. A website’s ranking on a search engine results page is positively correlated with the clicks that it receives. This could result from the search engine’s accurately...</para>
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This article attempts to analyze the assumptions which must be made in the transformation of values into prices. The author s argue that many of the "problems" discussed in the transformation literature are due to incorrect formulations of these assumptions. I f properly formulated, a...
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