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A Note on the 'Invariance of Market Innovation to the Number of Firms'* |
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| Authors: | Yuki Iidaka |
| Institution: | Department of Economics,University of St Andrews |
| Abstract: | This note disputes the claim by Sah and Stiglitz ( Rand Journal of Economics , 1987, pp. 98–108) that their strong invariance result holds in a wide range of situations. |
| Keywords: | |