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What Is the Maximum Value of the Lerner Index

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What is the maximum value of the Lerner index?


Definitions:

Expected Profit

The forecasted average of possible profits from an investment, considering probabilities of different outcomes.

Larger Contract

A contract agreement of significant size or value, often in the context of business or legal transactions.

Smaller Contract

A legally binding agreement between parties that is less extensive or lower in value or duration compared to other contracts.

Cash Prize

A monetary award given to an individual or group as recognition for achievement or as an incentive in competitions.

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