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Microeconomics is a branch of economics that studies the market behavior of individual actors (usually firms and consumers) and the aggregation of their actions in different institutional frameworks (usually the market).

3 votes
1 answer
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Paper suggestions on innovation-economics

I am in search of seminal theoretical papers in innovation economics, with a particular interest in recent works that model innovation processes. Ideally, I'm looking for papers that explore the "prod …
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How to solve for demand?

Hi I am fairly new to these kinds of optimization problems and I am not clear how from equation (1) the authors derive the demand function for a drug j. I mean I think they used the Lagrangian and as …
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  • 143