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Confusing a model – such as that of a perfectly competitive market – with the theory of which it is one representation can limit applicability still further.

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Elinor Ostrom Quote: “Confusing a model – such as that of a perfectly competitive market – with the theory of which it is one representation can limit applicability still further.”

“Confusing a model – such as that of a perfectly competitive market – with the theory of which it is one representation can limit applicability still further.”

Elinor Ostrom

Elinor Ostrom Quote: “Confusing a model – such as that of a perfectly competitive market – with the theory of which it is one representation can limit applicability still further.”
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