Doug Smith

Federal Trade Commission Bureau of Economics

600 Pennsylvania Ave NW

Washington, DC 20580

United States

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The Alchemy of a Pyramid: Transmutating Business Opportunity Into a Negative Sum Wealth Transfer

Number of pages: 33 Posted: 19 Dec 2019

Andrew Stivers, Doug Smith and Ginger Zhe Jin

NERA Economic Consulting, Federal Trade Commission Bureau of Economics and University of Maryland - Department of Economics

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