Perfect Competition and the Transformation of Economics
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€248.00
A01=Frank Machovec
adam
Antitrust Policy
asymmetric information
Author_Frank Machovec
Blaug 1986a
Category=KCA
Category=KJF
Central Planning
classical political economy
competitor
Early Twentieth Century Economists
Economic Journal
entrepreneurial theory
entrepreneurs
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
equilibrium
Equilibrium Paradigm
Follow
Gdp Share
general
Held
information economics in policy analysis
Intertemporal Trade
Justice Department
Keynes
lange
Lange Model
Long Run Supply Curve
market socialism
model
Perfect Competition
Perfect Competitor
Perfect Knowledge Assumption
profit
pure
Pure Profit
Resale Price Maintenance
Sherman Act
smith
state intervention economics
Superb
uncertainty in markets
Violated
Walrasian Model
Walrasian Vision
Zenith
Product details
- ISBN 9780415115803
- Weight: 589g
- Dimensions: 138 x 216mm
- Publication Date: 04 May 1995
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Hardback
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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.
