A Theory of Efficient Cooperation and Competition

Lester G. (University of Chicago) Telser

Cambridge University Press, 2005

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This 1987 book looks at the process of competition. The author argues that efficient economic equilibrium requires an optimal combination of both cooperation and rivalry. The tensions between these two forces are especially pertinent in innovation to avoid wasteful duplication of results.

ISBN-13
9780521022200
ISBN-10
0521022207
Publisher
Cambridge University Press
Year
2005
Publication date
2005-11-10
Pages
320
Dimensions
151x229x24
Weight
490