Economics and Power - An Inquiry into Human Relations and Markets (Paperback, Revised)

When a marketplace is considered in isolation, the implicit conclusion is that markets are a sufficient defense against the exercise of power. But market transactions do not occur in isolation: they are defined by rules, property rights, prior events, and social values. This book widens the focus of traditional economic analysis to examine the ways in which people may affect each other within and around markets to give rise to real power. Using conventional neoclassical assumptions about human behavior, the book begins by developing a workable concept of power, allowing for its presence in a variety of forms and degrees. It examines the conditions under which power would necessarily be absent from market transactions, and those under which it would be possible. It considers the decision processes of potential exercisers and subjects of power to determine when the exercise and success of power would be rational.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	December 2006
First published:	1989
Authors:	Randall Bartlett
Dimensions:	229 x 152 x 13mm (L x W x T)
Format:	Paperback - Trade
Pages:	224
Edition:	Revised
ISBN-13:	978-0-521-03462-3
Categories:	Books > Business & Economics > Economics > Political economy
LSN:	0-521-03462-0
Barcode:	9780521034623

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