This second volume of "The Organization of Economic Activity" considers the nature of competition and the competitive process, bringing together Professor Demsetz's most significant work on the subject. The volume includes new work on the social dimensions of efficiency, the theory of oligopoly, and political competition. A theme that runs through most of the chapters is the importance of taking costly information into account when evaluating competition in a society organized through economic institutions that are capitalistic and political institutions that are democratic.
- ISBN10 1557862966
- ISBN13 9781557862969
- Publish Date 7 November 1991 (first published 25 August 1988)
- Publish Status Out of Print
- Out of Print 10 August 1995
- Publish Country GB
- Publisher John Wiley and Sons Ltd
- Imprint Blackwell Publishers
- Edition New edition
- Format Paperback
- Pages 320
- Language English