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Perfect Competition and the Transformation of Economics
     

Perfect Competition and the Transformation of Economics

by Frank Machovec
 

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ISBN-10: 0415115809

ISBN-13: 9780415115803

Pub. Date: 05/30/1995

Publisher: Taylor & Francis

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.

Overview

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.

Product Details

ISBN-13:
9780415115803
Publisher:
Taylor & Francis
Publication date:
05/30/1995
Series:
Routledge Foundations of the Market Economy Series
Pages:
404
Product dimensions:
5.50(w) x 8.50(h) x 1.06(d)
Lexile:
1490L (what's this?)
Age Range:
18 Years

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