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To Act or Not to Act? A Short Exposal of a Dispute between Theory and Fiction: Free Competition vs. Perfect Competition

Author

Listed:
  • Stamate-Ştefan Andreas

    (Academia de Studii Economice din Bucureşti)

Abstract

The present work intends to bring few clarifications, hopefully useful, in the general problem of economic competition. As it is probably already known by the reader, most of the XXth century studies on this subject are almost mysteriously dominated by the neoclassical writers\\\'s (leaders would be one like Paul Samuelson and William Baumol) construction of perfect competition.

Suggested Citation

  • Stamate-Ştefan Andreas, 2012. "To Act or Not to Act? A Short Exposal of a Dispute between Theory and Fiction: Free Competition vs. Perfect Competition," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 04, December.
    • Handle: RePEc:oen:econom:y:2012:i:04:id:344
    as

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    More about this item

    Keywords

    perfect competition; free competition; entrepreneurs; property rights; ethics;
    All these keywords.

    JEL classification:

    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
    • P14 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Property Rights

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