Perfect Competition and the Transformation of Economics
Book Details
Format
Hardback or Cased Book
ISBN-10
0415115809
ISBN-13
9780415115803
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
May 4th, 1995
Print length
404 Pages
Weight
635 grams
Product Classification:
Business competition
Ksh 36,000.00
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Frank Machovec argues that the assumption of perfect information has done untold economic damage. It has has led to state intervention and obscured the extent to which entrepreneurial activity depends on asymetric information.
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.
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