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作者：University of Southern California
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作者：Harvard University
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作者：University of Washington; University of Washington Seattle
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作者：Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
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作者：University of Warwick
摘要：The behavior of principals and agents in the interwar Soviet economy can be studied through the failed attempt to develop a new aviation-engine technology based on the Steam turbine. Some possible approaches to the evaluation of R&D failure are outlined. Soviet R&D agents competed for funding within a command system. Principals funded ventures in a context of biased information and adverse selection. In the. presence of sunk costs budget constraints on individual projects were often loose, but...
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作者：University of Cambridge
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作者：Universidad Carlos III de Madrid
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作者：University of Vermont
摘要：Why did state governments begin to regulate the food industry in the late nineteenth century? One possible explanation is that pure food regulation was the result of rent seeking on the part of traditional food producers who wanted to limit the availability of new substitutes. Another potential hypothesis is that regulation was desired because it helped solve an asymmetric information problem in the market for food products. I find the evidence to be more consistent with the latter hypothesis.
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作者：University of California System; University of California Davis; University of North Carolina; University of North Carolina Chapel Hill
摘要：Between 1928 and 1960 U.S. cotton production experienced are revolution with average yields roughly tripling while the quality of the crop increased significantly. This article analyzes the key institutional and scientific developments that facilitated the revolution in biological technologies, pointing to the importance of two government programs-the one-variety community movement and the Smith-Doxey Act-as catalysts for change. The story displays two phenomena germane to the recent literatur...
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作者：University System of Maryland; University of Maryland College Park
