Perfect Markets and Easy Virtue

William J. Baumol

John Wiley and Sons Ltd, 1992

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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.

ISBN-13
9781557862488
ISBN-10
1557862486
Publisher
John Wiley and Sons Ltd
Year
1992
Publication date
1992-02-06
Pages
148
Dimensions
228x149x13
Weight
284