Alternative Theories of Competition

Alternative Theories of Competition
Author :
Publisher : Routledge
Total Pages : 362
Release :
ISBN-10 : 9781136241154
ISBN-13 : 1136241159
Rating : 4/5 (54 Downloads)

Book Synopsis Alternative Theories of Competition by : Jamee K. Moudud

Download or read book Alternative Theories of Competition written by Jamee K. Moudud and published by Routledge. This book was released on 2012-10-12 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: The history of policymaking has been dominated by two rival assumptions about markets. Those who have advocated Keynesian-type policies have generally based their arguments on the claim that markets are imperfectly competitive. On the other hand laissez faire advocates have argued the opposite by claiming that in fact free market policies will eliminate "market imperfections" and reinvigorate perfect competition. The goal of this book is to enter into this important debate by raising critical questions about the nature of market competition. Drawing on the insights of the classical political economists, Schumpeter, Hayek, the Oxford Economists’ Research Group (OERG) and others, the authors in this book challenge this perfect versus imperfect competition dichotomy in both theoretical and empirical terms. There are important differences between the theoretical perspectives of several authors in the broad alternative theoretical tradition defined by this book; nevertheless, a unifying theme throughout this volume is that competition is conceptualized as a dynamic disequilibrium process rather than the static equilibrium state of conventional theory. For almost all the others the growth of firm is consistent with a heightened degree of competitiveness, as both Marx and Schumpeter emphasized, and not a lowered one as in the conventional 'monopoly capital' view.


Alternative Theories of Competition Related Books

Alternative Theories of Competition
Language: en
Pages: 362
Authors: Jamee K. Moudud
Categories: Business & Economics
Type: BOOK - Published: 2012-10-12 - Publisher: Routledge

DOWNLOAD EBOOK

The history of policymaking has been dominated by two rival assumptions about markets. Those who have advocated Keynesian-type policies have generally based the
Alternative Theories of Competition
Language: en
Pages: 362
Authors: Jamee K. Moudud
Categories: Business & Economics
Type: BOOK - Published: 2012 - Publisher: Routledge

DOWNLOAD EBOOK

This book takes a radically different approach to the analysis of competition by rejecting the perfect vs. imperfect competition dichotomy and draws on the insi
A Handbook of Alternative Theories of Public Economics
Language: en
Pages: 567
Authors: Francesco Forte
Categories: Business & Economics
Type: BOOK - Published: 2014-03-28 - Publisher: Edward Elgar Publishing

DOWNLOAD EBOOK

This comprehensive and thought-provoking Handbook reviews public sector economics from pluralist perspectives that either complement or reach beyond mainstream
Handbook of Alternative Theories of Economic Development
Language: en
Pages: 849
Authors: Erik S. Reinert
Categories: Business & Economics
Type: BOOK - Published: 2016-09-28 - Publisher: Edward Elgar Publishing

DOWNLOAD EBOOK

The Handbook of Alternative Theories of Economic Development explores the theories and approaches which, over a prolonged period of time, have existed as viable
Classical Political Economics and Modern Capitalism
Language: en
Pages: 465
Authors: Lefteris Tsoulfidis
Categories: Political Science
Type: BOOK - Published: 2019-09-05 - Publisher: Springer Nature

DOWNLOAD EBOOK

This book promotes an in-depth understanding of the key mechanisms that govern the functioning of capitalist economies, pursuing a Classical Political Economics