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Liberia has a long history of non-inclusive development with dire consequences for its population, in terms of poverty and conflict. This research explores recent trends in the post-war Liberian cocoa market that suggest a possible break with the past. Structural changes in the …
"This book describes the theory structure underlying contests, in which players expend effort and/or spend money in trying to get ahead of one another. Uniquely, this effort is sunk and cannot be recovered, regardless of whether a player wins or loses in the competition. Such in…
