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Jean Tirole Wins Nobel in Economics for Work on Regulation

excerpt:

“Jean Tirole, along with others, established a good theoretical foundation for the non-Chicago view of things that markets fail in various ways,” said John Kwoka, a professor of economics at Northeastern University in Boston who specializes in competition and regulation. “It’s important to think hard about the reasons that they fail and it’s important to think hard about the consequences.”

link to New York Times article

 

 

Published On: October 14, 2014 |
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