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Cover image for book Increasing Returns and Economic Efficiency

Increasing Returns and Economic Efficiency

By:Y. Ng
Publisher:Springer Nature
Print ISBN:9780230202092
eText ISBN:9780230236813
Edition:0
Copyright:2009
Format:Page Fidelity

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Recognizing increasing returns disrupts much of the established wisdom in economic analysis, making money non-neutral, equity conflict with freedom, and encouraging goods with increasing returns efficient. This book discusses these problems and ways they can be handled, helping to explain phenomena in the real world.