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Our paper contributes to the literature on the relationship between innovation and market power by considering how changes in the intensity of product market competition affect innovation when managerial compensation is a linear function of firm profits. Changes in the intensity of product...
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Nuclear energy has been part of the United Kingdom's (UK) energy mix since the 1950's. However, the UK's reactor fleet is ageing and many reactors are nearing the end of their operational lives. As such, the UK is increasingly facing a shortfall in power generation capacity. This shortfall...
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