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Results tagged with welfare
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user 7834
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Why does optimal allocation call for unlimited distribution of information?
But if information did not have those special attributes: Couldn't information be "produced" by an organization and sold without welfare loss? … "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626
National Bureau of Economic …
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