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Major methodological challenges for the economic theory of the firm in the economies of Central and Eastern EuropeKeywords: Transition , theory of the firm , post-socialist economies , countries of Central and Eastern Europe. Abstract: This paper presents the major methodological challenges in microeconomic theory of the firm in theeconomies of Central and Eastern Europe. The methodological weaknesses of the theory are not only thecause of cognitive limitation but also an important condition for an effective economic policy during thetransition period.
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