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Perfect Competition and the Transformation of Economics

By: (Author) Frank Machovec

Manufacture on Demand

Ksh 34,200.00

Format: Hardback or Cased Book

ISBN-10: 0415115809

ISBN-13: 9780415115803

Series: Routledge Foundations of the Market Economy

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

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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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