Perfect Competition and the Transformation of Economics

Released on by Frank Machovec
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  • Perfect Competition and the Transformation of Economics Book Detail

  • Author : Frank Machovec
  • Release Date : 1995-05-04
  • Publisher : Routledge
  • Genre : Business & Economics
  • Pages : 590
  • ISBN 13 : 1134820224
  • File Size : 21,21 MB
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Perfect Competition and the Transformation of Economics by Frank Machovec PDF Summary

Book Description: 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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