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Theories of Competition

Moºnianu Cristian ()
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Moºnianu Cristian: “Ovidius” University of Constanta

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, 1423-1425

Abstract: Competition is regarded as being one of the fundamental elements of a market economy, the concept of competition has emerged and developed since the inception of political economy as a science. Starting with the 20s’ of the twentieth century, the economists influenced by contradictory processes in the economy have returned to the central idea according to which the market should be conceived in terms of pure and perfect competition.

Keywords: theory; competition; market; neoclassical; barriers (search for similar items in EconPapers)
JEL-codes: B1 (search for similar items in EconPapers)
Date: 2011
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