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We study cartel contracts using data on 18 contract clauses of 109 legal Finnish manufacturing cartels. One third of the clauses relate to raising profits; the others deal with instability through incentive compatibility, cartel organization, or external threats. Cartels use three main...
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The simultaneous diffusion of several technologies is studied. We build a modcl that encompasses recent theoretical arguments on diffusion and cxtend these to the multipie technologies case. The model is estimated using a panel of data on UK manufacturing industries relating to the diffusion of...
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