عنوان

A theory of efficient cooperation and competition /

(Number (ISBN

9780511528378 (ebook)

Erroneous ISBN

9780521022200 (paperback)

Erroneous ISBN

9780521306195 (hardback)

Number

b502667

Title Proper

A theory of efficient cooperation and competition /

General Material Designation

[Book]

First Statement of Responsibility

Lester G. Telser.

Place of Publication, Distribution, etc.

Cambridge :

Name of Publisher, Distributor, etc.

Cambridge University Press,

Date of Publication, Distribution, etc.

1987.

Specific Material Designation and Extent of Item

1 online resource (xii, 306 pages) :

Other Physical Details

digital, PDF file(s)

Text of Note

Title from publisher's bibliographic system (viewed on 05 Oct 2015)

Text of Note

This 1987 book looks at competition, attacking the notion that competition always leads to good results and that more competition is better. It also attacks the notion that cooperation is always harmful. An efficient economic equilibrium requires an optimal combination of both cooperation and rivalry. Telser first examines the genesis of certain late nineteenth-century laws that affected competition in the United States. Going on to give theoretical insights into cooperation and rivalry, he shows when unrestricted competition can lead to an efficient equilibrium, as well as when restrictions on competition can provide for the same. The tensions between these two forces are especially pertinent to the study of innovation - the more costly it is to protect the property rights of ideas, the greater is the reliance on secrecy, and hence, the more likely is the wasteful duplication of results.

Parallel Title

A Theory of Efficient Cooperation & Competition.

Competition-- Mathematical models.

Class number

Book number

Telser, Lester G.,1931-

Date of Transaction

20151005020621.0

Cataloguing Rules (Descriptive Conventions))

rda

Electronic name

[Book]

Y