Context193011
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| qkg:contextText | When transaction costs are added to the decentralized model, we have, according to Demsetz, a laissez-faire economy, a term we shall use below. The laissez-faire model is used to analyze the implications of competition when the cost of transacting is positive. (en) |
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Triples where Context193011 is the object (without rdf:type)
| qkg:Mention392217 | qkg:hasContext |
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