Competition as a dynamic process.
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Competition as a dynamic process. by John Maurice Clark

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Published by Brookings Institution in Washington .
Written in English


  • Competition

Book details:

Edition Notes

Includes bibliography.

LC ClassificationsHB771 .C65
The Physical Object
Pagination501 p.
Number of Pages501
ID Numbers
Open LibraryOL5829641M
LC Control Number61018475

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This volume offers a conceptual approach to the study of competition as a dynamic process. It critically examines the dynamic character of modern competition, appraises the inadequacies of equilibrium theory, and suggests a new approach to the study and interpretation of competitive .   Access to society journal content varies across our titles. If you have access to a journal via a society or association membership, please browse to your society journal, select an article to view, and follow the instructions in this : Robert E. Smith. of competition which might assist toward more effective treat-ment of those factors of dynamic process that present such diffi-culties to theoretical analysis?" Unfortunately, the answer is no. The fundamental difficulty underlying the book's evident loose organization comes in . Here, in a penetrating review of a significant new book, J. M. Clark's “Competition as a Dynamic Process,” the thought is advanced that business practice, not antitrust laws or court decisions, is the real force which defines genuine competition and its—and the public interest's—old enemy, monopoly.

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