Product Information
In this work, the author argues that the assumption of perfect information revolutionized economics, doing untold damage to the discipline. These concepts have provided the rationale for the sort of active state intervention long warned against by the classsical economists. It also obscured the extent to which the entrepreneurial activity, which brings long term benefits to society, depends upon the exploitation of asymmetric information.Product Identifiers
PublisherTaylor & Francis LTD
ISBN-139780415115803
eBay Product ID (ePID)90923920
Product Key Features
Number of Pages404 Pages
Publication NamePerfect Competition and the Transformation of Economics
LanguageEnglish
SubjectEconomics, Business
Publication Year1995
TypeTextbook
AuthorFrank Machovec
SeriesRoutledge Foundations of the Market Economy
Dimensions
Item Height216 mm
Item Weight590 g
Additional Product Features
Country/Region of ManufactureUnited Kingdom
Title_AuthorFrank Machovec