Article Abstract:
The Ratio-Lindahl equilibrium is used to formalize a mixed-ownership economic institutional framework which is informationally implementable and efficient. The system's incentive aspects are analysed via a mechanism which is shown to use a continuous, balanced and individually feasible outcome function.
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Article Abstract:
A game theoretic model in which a portion of production is seized from entrepreneurs within a rent seeking environment is presented.
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Article Abstract:
Mathematically tractable evolutionary models were developed to analyze the development of industrial structure.
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