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Keywords: Perfect competition
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Journal Articles
Journal:
Managerial Finance
Managerial Finance (2012) 38 (3): 230–248.
Published: 17 February 2012
... significance for regulators and policy makers. Originality/value The paper shows that in a perfect competition, economic waves can change the hierarchy of competitive advantages among rival firms and could help distressed firms to emerge. The financial literature has shown considerable interest thus far...
