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Authors
Affiliations
1 Department of Economics, University of Mumbai, Vidyanagari, Mumbai 400 098, IN
Source
Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 50, No 4 (2008), Pagination: 364-369
Abstract
We model the transition from industrial to financial capitalism as an evolutionary game. The relative magnitudes of the payoffs as well as the likelihood of success matter for the movement from one regime to the other.