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Competition / Market failure / Economic systems / Herbert Gintis / Theory of the firm / Perfect competition / Labour economics / Employment / Monopoly / Economics / Industrial organization / Economic theories


P OWER 1 Samuel Bowles§ and Herbert Gintis) 12 December, 2005 Abstract. We consider the exercise of power in competitive markets for goods, labor and credit. We offer a definition of power that may be exercised when exc
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Document Date: 2009-11-17 01:39:33

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