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" In this respect perfect competition is not only impossible but inferior, and has no title to being set up as a model of ideal efficiency. "
Pioneers of Industrial Organization: How the Economics of Competition and ... - Página 212
editado por - 2007 - 352 páginas
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Market Structure and Innovation

Morton I. Kamien, Nancy L. Schwartz - 1982 - 241 páginas
...strategy which looks so restrictive when viewed in the individual case and from the individual point of time. In this respect, perfect competition is not...title to being set up as a model of ideal efficiency. // is hence a mistake to base the theory of government regulation of industry on the principle that...
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Essays in Social Value Theory: A Neoinstitutionalist Contribution

Marc R. Tool - 1986 - 203 páginas
...accepted as a "necessary evil" because it is the major "engine of progress." Continuing, he insists that "perfect competition is not only impossible but inferior...and has no title to being set up as a model of ideal efficiency."39 Contradicting Kahn, he contends that "it is a mistake to base the theory of government...
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Evolving Technology and Market Structure: Studies in Schumpeterian Economics

Associate Professor of Philosophy Mark Perlman - 1990 - 351 páginas
...powerful engine of (economic] progress and in particular of the long-run expansion of total output. ... In this respect, perfect competition is not only impossible...title to being set up as a model of ideal efficiency. (Schumpeter 1950, 106) So wrote Joseph Schumpeter in 1942. In a presentation to participants of the...
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Joseph A. Schumpeter: Critical Assessments

John Cunningham Wood - 1991 - 1616 páginas
..."In this respect, perfect competition is ... inferior (to the '"monopoloid" species of capitalism'), and has no title to being set up as a model of ideal efficiency." (p. 106) The consequences for both economic dynamics and welfare theory are evident. To many, certain...
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Industry, Services, and Agriculture: The United States Faces a United Europe

Claude E. Barfield, Mark Perlman - 1992 - 480 páginas
...that large scale is a necessary condition for technical progress and "creative destruction" and that "perfect competition is not only impossible but inferior...title to being set up as a model of ideal efficiency," economists have been ambivalent about competitive rivalry and market concentration (Stigler 1982; Di...
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Schumpeter in the History of Ideas

Associate Professor of Philosophy Mark Perlman, Yūichi Shionoya, Mark Perlman - 1994 - 135 páginas
...strategy which looks so restrictive when viewed in the individual case and from the individual point of time. In this respect, perfect competition is not...and has no title to being set up as a model of ideal efficiency.s Indeed, the perennial gale of creative destruction is continually sweeping away the entrenched...
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Innovation and Industry Evolution

David B. Audretsch - 1995 - 205 páginas
...only in spite of, but to a considerable extent through, this strategy which looks so restrictive ... In this respect, perfect competition is not only impossible...title to being set up as a model of ideal efficiency." A few years later Galbraith (1956, p. 86) echoed Schumpeter's sentiment when he lamented, "There is...
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Teachings from the Worldly Philosophy

Robert L. Heilbroner - 1996 - 353 páginas
...most powerful engine of ... progress and in particular of the long-run expansion of total output. ... In this respect, perfect competition is not only impossible but inferior, and has no title of being set up as a model of ideal efficiency." That question now leads to a more difficult one. If...
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The Telecommunications Act of 1996: The “Costs” of Managed Competition: The ...

Dale E. Lehman, Dennis L. Weisman, Dennis Weisman - 2000 - 128 páginas
...automatically or by measures devised for the purpose — even in otherwise perfectly competitive conditions.22 In this respect, perfect competition is not only impossible...theory of government regulation of industry on the firm's return on successful projects is capped at the allowed rate of return, whereas the regulator...
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Introduction to Industrial Organization

Luís M. B. Cabral - 2000 - 354 páginas
...comparatively free competition but precisely to the doors of the large concerns. Later, he adds that Perfect competition is not only impossible but inferior,...and has no title to being set up as a model of ideal efficiency.21^ Had Schumpeter lived a few decades longer, he would have had the pleasure of confirming...
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