Perfect competition and the transformation of economics:

The assumptions of perfect information and perfect competition have been at the heart of neo-classical economics. However, in Perfect Competition and the Transformation of Economics, Frank Machovec demonstrates that the Walrasian vision has had a detrimental impact on the definition of economics and...

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Bibliographische Detailangaben
1. Verfasser: Machovec, Frank M. 1945- (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: London [u.a.] Routledge 1995
Ausgabe:1. publ.
Schriftenreihe:Foundations of the market economy
Schlagworte:
Zusammenfassung:The assumptions of perfect information and perfect competition have been at the heart of neo-classical economics. However, in Perfect Competition and the Transformation of Economics, Frank Machovec demonstrates that the Walrasian vision has had a detrimental impact on the definition of economics and on its policy prescriptions. The author examines how economists came to accept an interventionist approach to domestic policy issues, and how the perfect-competition model transformed four key areas of study: industrial organization; comparative systems; the economics of development; international trade.
Beschreibung:XI, 391 S.
ISBN:0415115809

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