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1 - 3 van 3 voor profit appropriation
skill premium technological change and appropriability pdf
... , the intentional accumulation of knowledge by profit-maximising firms. we combine the benchmark r d growth models, where patents are assumed to take care of rent appropriation (e.g. grossman and helpman ...
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Microsoft Word - discussion_huizinga_newfig2.doc
... not taking into account the initial sunk cost. labour relations are particularly sensitive to appropriation because contracts are inherently incomplete. since the abolition of slavery, labour is inalienable ... firm actions are efficient given the circumstances they face. they are cost minimising, profit maximising firms. key notions underlying this behaviour are free entry, competition and full ...
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vertical foreclosure policy framework pdf
... contracts are not feasible, downstream market power leads to double marginalisation which prohibits the appropriation of monopoly profits upstream. second, firms might be able to substitute away from the ... if upstream suppliers choose a common downstream retailer, they will be able to charge joint profit maximizing prices at equilibrium, even when they do not delegate pricing decisions to downstream ...
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