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A tension between entry and rents lies at the core of a general theory of aggregation with scale effects. This paper …
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The question of rent in economic theory is rather complicated, even at the level of its definition. This article … attempts to get back to basics in order to clear things up and present a complete and correct theory of rent. Starting with the … classical definition of rent, as an income earned by the owner of non-produced inputs, it clarifies first the definitions of the …
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form of compliance cost could be rent seeking by employing "expensive design and a trophy architect" to get "more rentable …
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