This book looks at competition in a new way. It attacks the notion
that competition always leads to good results and that more
competition is better. It also attacks the notion that cooperation
is always harmful. An efficient economic equilibrium requires an
optimal combination of both cooperation and rivalry. Telser first
examines the genesis of certain late nineteenth-century laws that
affected competition in the United States. Going on to give new
theoretical insights into cooperation and rivalry, he shows when
unrestricted competition can lead to an efficient equilibrium, as
well as when restrictions on competition can provide for the same.
The tensions between these two forces are especially pertinent to
the study of innovation--the more costly it is to protect the
property rights of ideas, the greater is the reliance on secrecy,
and hence, the more likely is the wasteful duplication of results.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
