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We construct a dynamic game to model a monopoly of finitely durable goods. The solution concept is Markov-perfect equilibria with general equilibria embedded in every time period. Our model is flexible enough to simultaneously explain or accommodate many commonly observed phenomena or stylized...
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Introduction -- A Study of the System of Capital from the Property Rights System and Its Evolution -- A Comparative Study of Marxist TPR and Modern TPR -- Institution, Institutional Change, and Economic Growth -- Property Rights Structure, Corporate Governance Structure and Its Issues in China...
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