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The preparation of this paper was partially supported by the International Development Research Center (Project No: 3-P-85-0135) of Canada and Boğaziçi University Research Fund (Project No: 87 C 0111). It is a pleasure to acknowledge the help of colleagues and students: Ahmet Alkan encouraged the ex post approach; Semih Koray, as partner in simultaneously ongoing research, was captive discussant; and Ünal Zenginobuz was companion throughout, checking all the computations. Need it be said, all shortcomings of the paper belong to the author.
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Sertel, M.R. Regulation by participation. Journal of Economics Zeitschrift für Nationalökonomie 48, 111–134 (1988). https://doi.org/10.1007/BF01234606
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DOI: https://doi.org/10.1007/BF01234606