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The objective of this note is to conduct a regional study of inequalities in the ownership of land assets among the households and the productivity levels in rural communities in India The renewed interest in India's problems of economic growth and distribution has been necessitated by the...
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In this paper I re-examine Grossman & Hart's (1980a) earlier work on corporate takeovers and address three main shortcomings of their theory. First, their theory implies that in the ‘Nash equilibrium’ either all shareholders will decide to tender their shares or all will refuse the raider's...
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