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Loury (1979) - Market Structure And Innovation (view source)
Revision as of 14:38, 17 November 2010
, 14:38, 17 November 2010→Solution concept
This is presumably constructed by taking:
:<math>\Pi = \int_0^{\infty} \left( pr(\tau_i \le \min(\hat{\tau_i},t)) \cdot PV_t (V) \right ) dt - x\;</math>
