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'A New Idea Does Not Come Forth in Its Mature Scientific Form. It Contains Logical Ambiguities Or Errors; the Evidence on Which It Rests Is Incomplete Or Indecisive; and Its Domain of Application Is Exaggerated in Certain Directions and Overlooked in Others', Wrote Stigler (1965, P.14) in One of...
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The Theory and Evidence Presented Here Suggest That the Distribution of Earnings, Within Enterprises, Is Subject to Modification Through Social Processes At the Workplace. a Wide Variety of Phenomena: Uniform Hourly Wages, Ceilings on Output, the Emergence of Cliques, the Reactin to Wage...
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According to Some Scholars Who Wrote on Risk-Taking, the Question Why Are There Multiple Prizes in Lottery Games Seems to Be - Quotes Milton Friedman - "One of the Chief Intellectual Issues Open in This Area". Elying on Brenner's (1983, 1985, 1987) Model, a Straightforward Explanation Can Be...
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