Perfect Competition and the Transformation of Economics

1. Auflage 1995
ISBN: 978-0-415-11580-3
Verlag: Taylor & Francis

Buch, Englisch, 404 Seiten, Format (B × H): 140 mm x 216 mm, Gewicht: 658 g

Reihe: Routledge Foundations of the Market Economy

Frank Machovec argues that the assumption of perfect information has done untold economic damage. It has provided the rationale for active state intervention and has obscured the extent to which entrepreneurial activity depends upon the exploitation of asymmetric information.

Autoren/Hrsg.

Machovec, Frank

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie
• Wirtschaftswissenschaften Betriebswirtschaft Management Geschäftswettbewerb

Inhaltsverzeichnis

List of figures, Preface, 1 INTRODUCTION AND OVERVIEW, 2 STATEMENT OF THE PROBLEM, 3 THE MAGNETIC LURE OF MARKET SOCIALISM, 4 COMPETITION AND ENTREPRENEURSHIP IN CLASSICAL POLITICAL ECONOMY, 5 UNCERTAINTY AND ENTREPRENEURSHIP IN CLASSICAL POLITICAL ECONOMY, 6 THE PERFECTLY COMPETITIVE MODEL: EVOLUTION OR REVOLUTION?, 7 COMPETITION AND THE LAW, 8 EVOLUTION VERSUS REVOLUTION: THE CONVENTIONAL WISDOM, 9 ALFRED MARSHALL, INCREASING RETURNS, AND COMPETITION, 10 PERFECT COMPETITION: ASCENDANCE AND IMPACT ON HABITS OF THOUGHT, 11 STYLIZED ASSESSMENT OF GAIN VERSUS PAIN, 12 SUMMARY AND CONCLUSIONS, Notes, Bibliography, Name index, Subject index

Über Autor(innen)

Frank Machovec