On the Paradox of the Efficient Price System in a Completely Centralized Economy and in a Capitalist Individual Ownership Economy,
Abstract
The crucial role of the number of competitors in an economy is utilized to show the difference between a centralized price system and a free enterprise or competitive price system. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 01, 1971
- Accession Number
- AD0738082
Entities
People
- Martin Shubik
Organizations
- RAND Corporation