by WilliamJ.Baumol (Author), SueAnneBateyBlackman (Author)
Argues that perfect competition has a tendency to promote a general deterioration in quality. The book also contends that it is very difficult for competitive firms to behave in socially desirable ways. It ends by suggesting solutions that lie within the market system.
Format: Hardcover
Pages: 128
Edition: 1st Edition. Mitsui Lectures in Economics series.
Publisher: Wiley-Blackwell
Published: 06 Feb 1992
ISBN 10: 1557862486
ISBN 13: 9781557862488