| Morton I. Kamien, Nancy L. Schwartz - 1982 - 252 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... | |
| Marc R. Tool - 1986 - 230 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... | |
| Arnold Heertje, Mark Perlman - 1990 - 374 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... | |
| John Cunningham Wood - 1991 - 376 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... | |
| Claude E. Barfield, Mark Perlman - 1992 - 512 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... | |
| Yūichi Shionoya, Mark Perlman - 1994 - 152 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... | |
| David B. Audretsch - 1995 - 236 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... | |
| Robert L. Heilbroner - 1996 - 376 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... | |
| Dale E. Lehman, Dennis L. Weisman - 2000 - 154 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... | |
| Luís M. B. Cabral - 2000 - 374 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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