Martin Shubik Quotes

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  • There is a history of mathematical models of oligopolistic competition dating from Cournot to the theory of games. There is also a literature generated by institutional economists, lawyers, and administrators interested in formulating and implementing public policy. It has been the tendency of these groups to work almost as though the other did not exist.

    Martin Shubik, Richard Levitan (1980). “Market structure and behavior”, Harvard Univ Pr
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