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Can Free Entry be Inefficient?

April 26, 2017Free inefficient

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Can Free Entry be Inefficient?

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File URL: http://www.nber.org/papers/w9208.pdf File Format: application/pdf File Function: Download Restriction: Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html.