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The Palgrave Encyclopedia of Imperialism and Anti-Imperialism, 2021
K. Cowling
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K. Cowling
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Econometrica, 1976
THE STABILITY PROPERTIES of a competitive economy are well known-at least under the artificial tatonnement assumption which avoids the problem of who changes prices. This note demonstrates that similar, if not stronger, properties carry over to a monopolistic economywhere price formation is completely explained by the independent optimizing behavior of
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THE STABILITY PROPERTIES of a competitive economy are well known-at least under the artificial tatonnement assumption which avoids the problem of who changes prices. This note demonstrates that similar, if not stronger, properties carry over to a monopolistic economywhere price formation is completely explained by the independent optimizing behavior of
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Labor and Monopoly Capital: The Degradation of Work in the Twentieth Century
, 1982H. Braverman
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