Description

Book Synopsis
According to conventional economic wisdom, it is believed that the beneficial functioning of competition is not secured spontaneously but must be supported by state action, ie: specific antitrust laws and agencies. Hence, competition is regarded as an instance in which the visible hand of the state is believed to be needed in order to enable the invisible hand of the market to function more effectively. Topics discussed in this book include the competition and antitrust policy in the Austrian economic perspective; competition in the pharmaceutical market in Austria; a study of the greed factor in capitalism; consumption behaviours in a vertical differentiation model; the effects of mergers in the retail sector; and market competition with irrational agents.

Economics of Competition

    Product form

    A Hardback by Georg Leismuller, Elias J Schimpf

    £999.99

    Includes FREE delivery

    Out of stock

      Trusted by thousands of customers. See 2,385+ Customer Reviews

      View other formats and editions of Economics of Competition by Georg Leismuller

      Book details

      Publisher Nova Science Publishers Inc
      Published 6 February 2013
      ISBN-13 9781622574162
      978-1622574162
      ISBN-10 1622574168
      Also in:
      Economics Macroeconomics

      Description

      Book Synopsis
      According to conventional economic wisdom, it is believed that the beneficial functioning of competition is not secured spontaneously but must be supported by state action, ie: specific antitrust laws and agencies. Hence, competition is regarded as an instance in which the visible hand of the state is believed to be needed in order to enable the invisible hand of the market to function more effectively. Topics discussed in this book include the competition and antitrust policy in the Austrian economic perspective; competition in the pharmaceutical market in Austria; a study of the greed factor in capitalism; consumption behaviours in a vertical differentiation model; the effects of mergers in the retail sector; and market competition with irrational agents.

      Recently viewed products

      © 2026 Book Curl

        • American Express
        • Apple Pay
        • Diners Club
        • Discover
        • Google Pay
        • Maestro
        • Mastercard
        • PayPal
        • Shop Pay
        • Union Pay
        • Visa

        Login

        Forgot your password?

        Don't have an account yet?
        Create account