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Perfect Competition and the Transformation of Economics

About Perfect Competition and the Transformation of Economics

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.

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  • Language:
  • English
  • ISBN:
  • 9780415115803
  • Binding:
  • Hardback
  • Pages:
  • 404
  • Published:
  • May 4, 1995
  • Dimensions:
  • 138x216x26 mm.
  • Weight:
  • 635 g.
Delivery: 2-3 weeks
Expected delivery: October 21, 2024

Description of Perfect Competition and the Transformation of Economics

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.

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