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by js8
2678 days ago
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This is not new, it was already discovered (and also theoretically explained) by Steve Keen & Russel Standish (2006):"Profit Maximization, Industry Structure, and Competition: A critique of neoclassical theory". You don't really need AI to that. Also, Alan Blinder's book Asking About Prices confirms this (and other things) in practice. |
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