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Corporate & Securities Law

: AntitrustProf Blog

Natural Selection, Irrationality and Monopolistic Competition

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Posted by D. Daniel Sokol Guo Ying Luo (McMaster University- DeGroote School of Business) analyzes Natural Selection, Irrationality and Monopolistic Competition. ABSTRACT: This paper builds an evolutionary model of an industry where firms produce differentiated products. Firms have different average...

Full post as published by AntitrustProf Blog on June 10, 2009 (boomark / email).

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