Perfect competition and the transformation of economics
Author(s)
Bibliographic Information
Perfect competition and the transformation of economics
（Foundations of the market economy series / edited by Mario J. Rizzo and Lawrence H. White）
Routledge, 1995
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Note
Bibliography: p. 342-372
Includes indexes
Description and Table of Contents
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.
by "Nielsen BookData"
