Theory of Efficient Cooperation and Competition

Name: Theory of Efficient Cooperation and Competition
Brand: Cambridge University Press
SKU: 9780521306195
Price: 3074 CZK
Availability: InStock

Autor: Lester G. Telser

Jazyk:

Vazba: Pevná

Vydavatel: Cambridge University Press

Dostupnost: Skladem u dodavatele

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This 1987 book looks at competition, attacking the notion that competition always leads to good resu...

Informace o knize

Autor

Lester G. Telser

Jazyk

Angličtina

Vazba

Kniha - Pevná

Vydáno

1987

Stránek

320

EAN

9780521306195

ISBN

0521306191

Enbook ID

02027256

Vydavatel

Cambridge University Press

Hmotnost

549

Rozměry

152 x 229 x 19

Kompletní popis

This 1987 book looks at competition, attacking 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 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.

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Theory of Efficient Cooperation and Competition

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