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- W77106916 abstract "Summary This study is an attempt to explain profit shares in general equilibrium. A common argument states that profit is payment for services which are not traded on the market. We investigate whether this is true in the simple case where the extended production set admits constant returns to scale. It turns out that if the number of agents is finite, rather dubious assumptions about agents' behavior have to be made in order to obtain a positive answer. With a measure space of agents, the argument holds." @default.
- W77106916 created "2016-06-24" @default.
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- W77106916 date "1973-12-01" @default.
- W77106916 modified "2023-09-27" @default.
- W77106916 title "Equilibrium in Economies with Non-Marketed Goods" @default.
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- W77106916 doi "https://doi.org/10.2307/3439145" @default.
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