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Theory of microeconomic game in market structure

The theory of market structure which several microeconomic game theorists were ready to toss within the dustbin of intellectual history into the 1970 year but that, in the early 1980s, turned into a foundation for the “new” theory of international trade, which is the theory of: (1) auction pricing. (2) monopolistic competition. (3) pure competition. (4) predatory strategy. (5) evolutionary institutions.

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