NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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The Specialness of Zero

Joshua S. Gans

NBER Working Paper No. 26485
Issued in November 2019

---- Acknowledgments ----

Thanks to Kevin Bryan, Len Goff, Shannon Liu, Barry Nalebuff, Fiona Scott Morton, Hal Varian and Glen Weyl for helpful discussions. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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