The Economics of Imperfect Competition
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Beschreibung
This classic and highly influential book provides unique insight into ideas of competition and the theory of the firm. First published in 1933, it builds upon the work of Alfred Marshall and Arthur Cecil Pigou and highlights both the real world application and limitations of economics, with a particular emphasis on the risk of providing misleading information to individuals. By setting out ways in which economic practices and tools can be refined, the importance of stating assumptions and finding suitable answers is highlighted. Broader topics, including monopoly equilibrium, the supply curve, price discrimination, marginal net productivity, and monopsony, are also discussed.
This book is an important milestone in the history of economics and the development of key economic concepts. It will be relevant to students, researchers, and general readers interested in economic theory and microeconomics.
Includes a new foreword from John Eatwell.
Joan Robinson (1903-1983) was one of the defining economists of the 20th century. She made wide-ranging contributions to economic theory and was a key figure within post-Keynesian economics.
This classic and highly influential book provides unique insight into ideas of competition and the theory of the firm. First published in 1933, it builds upon the work of Alfred Marshall and Arthur Cecil Pigou and highlights both the real world application and limitations of economics, with a particular emphasis on the risk of providing misleading information to individuals. By setting out ways in which economic practices and tools can be refined, the importance of stating assumptions and finding suitable answers is highlighted. Broader topics, including monopoly equilibrium, the supply curve, price discrimination, marginal net productivity, and monopsony, are also discussed.
This book is an important milestone in the history of economics and the development of key economic concepts. It will be relevant to students, researchers, and general readers interested in economic theory and microeconomics.
Includes a new foreword from John Eatwell.
Highlights the continued importance of Joan Robinson's ideas and contribution to economics Shows how key economic concepts developed and evolved Introduces the idea of monopsony and how it relates to competition
Autor*in
Joan Robinson
Themen in »The Economics of Imperfect Competition«
Economic theory Monopoly equilibrium Demand Costs Supply curve Competitive equilibrium Digression of rent Perfect competition Cost curves Monopoly price Price discrimination Monopsony Marginal net productivity Demand for labour Individual employer