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Theories of Competition

Author

Listed:
  • Moºnianu Cristian

    (“Ovidius” University of Constanta)

Abstract

Competition is regarded as being one of the fundamental elements of a market economy, the concept of competition has emerged and developed since the inception of political economy as a science. Starting with the 20s’ of the twentieth century, the economists influenced by contradictory processes in the economy have returned to the central idea according to which the market should be conceived in terms of pure and perfect competition.

Suggested Citation

  • Moºnianu Cristian, 2011. "Theories of Competition," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 1423-1425, May.
    • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:1423-1425
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    More about this item

    Keywords

    theory; competition; market; neoclassical; barriers;
    All these keywords.

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925

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