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DBpedia 2015-10

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Matches in DBpedia 2015-10 for { ?s ?p "The Williamson trade-off model is a theoretical model in the economics of industrial organization which emphasizes the trade-off associated with horizontal mergers between gains resulting from lower costs of production and the losses associated with higher prices due to greater degree of monopoly power.The model was first presented by Oliver Williamson in his 1968 paper "Economics as an Anti-Trust Defense: The welfare trade-offs" in the American Economic Review. Williamson argued that ignoring efficiencies that may result from proposed mergers in antitrust law "fail(ed) to meet the basic test of economic rationality"."@en }

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