Competition

How to Speak Like an Expert

By: Emmanuel Combe, Laurence Boone (Foreword by)

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Paperback | 20 September 2023

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186 Pages

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21.59 x 13.97 x 1.02

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$71.99

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Competition is an intriguing and worrisome concept, sometimes perceived as a healthy emulation and sometimes as a form of Darwinism. Economic analysis provides a useful and rigorous guide to overcoming these oversimplified views by showing that competition is a mechanism for eliminating unjustified rents. This book presents the two main economic visions of competition (competition as a state versus as a process), but also its microeconomic and macroeconomic effects (notably on productivity and employment), the obstacles to its effectiveness, and the policies for opening up and regulating competition.

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