Theories of Imperfect Competition

Cheng-chung Lai () and Tai-kuang Ho ()
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Tai-kuang Ho: National Taiwan University

Chapter Chapter 15 in History of Economic Ideas in 20 Talks, 2022, pp 109-114 from Springer

Abstract: Abstract Perfect competition is something like “vacuum” in physics. It is a kind of pure state, a benchmark, or a standard reference point to contrast the real environment, with three main features.

Date: 2022
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DOI: 10.1007/978-981-19-4506-9_15

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