Economics and Power is popular PDF and ePub book, written by Randall Bartlett in 1989-09-29, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Economics and Power can be Read Online from any device for your convenience.

Economics and Power Book PDF Summary

When a marketplace is considered in isolation, the implicit conclusion is that markets are a sufficient defence against the exercise of power. But market transactions do not occur in isolation: they are defined by rules, property rights, prior events and social values. This book widens the focus of traditional economic analysis to examine the ways in which people may affect each other within and around markets to give rise to real power. Using conventional neoclassical assumptions about human behaviour, the book begins by developing a workable concept of power, allowing for its presence in a variety of forms and degrees. It examines the conditions under which power would necessarily be absent from market transactions and those under which it would be possible. It considers the decision processes of potential exercisers and subjects of power to determine when the exercise and success of power would be rational.

Detail Book of Economics and Power PDF

Economics and Power
  • Author : Randall Bartlett
  • Release : 29 September 1989
  • Publisher : Cambridge University Press
  • ISBN : 9780521355629
  • Genre : Business & Economics
  • Total Page : 223 pages
  • Language : English
  • PDF File Size : 7,7 Mb

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