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We have to defend the view that the superstores are responsible for the close of many small firms. B explains how the superstores influenced the market. Although superstores still retain a small share of the market, their advertising did damage to small firms
Check out this awesome article about Anderson on Poets Quants, http://poetsandquants.com/2015/01/02/uclas-anderson-school-morphs-into-a-friendly-tech-hub/ . Anderson is a great place! Sorry for the lack of updates recently. I...