Acording to the positive externality the superstar effect , Econometrics

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Acording to the positive externality the superstar effect

According to the "Positive Externality: The Superstar Effect" application, other teams benefited financially from having one team employ Michael Jordan. Do such positive externalities lower social welfare? If not, why not? If so, what could the teams do to solve that problem?

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Econometrics: Acording to the positive externality the superstar effect

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