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Paul KRUGMAN, professor of economics at Princeton University, is well-known for his models of increasing returns in the world trade theory and their use in economic geography. His aim is to explain the reasons for the localization of activities and the concentration of firms. The purpose of this...
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This paper presents empirical evidence which at first glance appears to show that firms are not pricing to maximize profits. We then present a model to explain how this behavior is in fact optimal when we account for additional constraints faced by firms in certain product markets.
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L'objectif de ce papier est de mettre la théorie des parties prenantes au cœur du débat sur le concept du business model. Ces dernières ont été souvent ignorées ou implicitement citées dans les travaux académiques. Nous donnons ainsi une nouvelle fonctionnalité du business model. Notre...
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During the 19th century, the Utopian economists (as Karl Marx ironically nicknamed them) developed some revolutionary projects of social organisation, breaking away from capitalism. Opposed to political violence, their writings anticipated a peaceful evolution towards a social model similar to...
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