Author: | Frank Machovec | ISBN: | 9781134820221 |
Publisher: | Taylor and Francis | Publication: | May 4, 1995 |
Imprint: | Routledge | Language: | English |
Author: | Frank Machovec |
ISBN: | 9781134820221 |
Publisher: | Taylor and Francis |
Publication: | May 4, 1995 |
Imprint: | Routledge |
Language: | English |
Frank Machovec argues that the assumption of perfect information has done untold economic damage. It has provided the rationale for active state intervention and has obscured the extent to which entrepreneurial activity depends upon the exploitation of asymmetric information.
Frank Machovec argues that the assumption of perfect information has done untold economic damage. It has provided the rationale for active state intervention and has obscured the extent to which entrepreneurial activity depends upon the exploitation of asymmetric information.