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New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal

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Page 1: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 2: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 3: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 4: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 5: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 6: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 7: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 8: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 9: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 10: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 11: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 12: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 13: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 14: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 15: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 16: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 17: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal
Page 18: New York Universitypeople.stern.nyu.edu/wbaumol/Having Your Cake.pdfYale Journal on Regulation vol. 16:1, 1999 16 .16 16 competitio eroding eff In this neutral prig monopoly. indispensal

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