Contact
How to shop
Delivery
Shopping guide
Theory of Efficient Cooperation and Competition
English
357 b
Up to 30 days for returns
Customers also purchased
/
Paperback
6 894
Ft
This 1987 book looks at competition, attacking the notion that competition always leads to good results and that more competition is better. It also attacks the notion that cooperation is always harmful. An efficient economic equilibrium requires an optimal combination of both cooperation and rivalry. Telser first examines the genesis of certain late nineteenth-century laws that affected competition in the United States. Going on to give theoretical insights into cooperation and rivalry, he shows when unrestricted competition can lead to an efficient equilibrium, as well as when restrictions on competition can provide for the same. The tensions between these two forces are especially pertinent to the study of innovation - the more costly it is to protect the property rights of ideas, the greater is the reliance on secrecy, and hence, the more likely is the wasteful duplication of results.
About the book
English
Give this book today
It's easy
1 Add to cart and choose Deliver as present at the checkout 2 We'll send you a voucher 3 The book will arrive at the recipient's addressYou might also be interested in
/
Paperback
7 614
Ft
/
Hardback
22 581
Ft
/
Paperback
4 744
Ft
/
Paperback
9 053
Ft
Hi! I'm Libroamiko, your book advisor.
How can I help you?