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Imperfect Knowledge

Jack T. Harvey

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Abstract

Imperfect knowledge leads to imperfect competition and so the efficiency of the market economy is impaired. In practice such imperfect knowledge may occur for the following reasons.

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What this paper is about

Imperfect knowledge leads to imperfect competition and so the efficiency of the market economy is impaired. In practice such imperfect knowledge may occur for the following reasons.

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Available abstract

Imperfect knowledge leads to imperfect competition and so the efficiency of the market economy is impaired. In practice such imperfect knowledge may occur for the following reasons.

Key concepts: Imperfect, Imperfect competition, Economics, Competition (biology), Microeconomics, Ecology, Philosophy, Biology

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