Competition : How to Speak Like an Expert /
Emmanuel Combe ; foreword by Laurence Boone.
- xiv, 145 pages, xv-xxvii, 4 unnumbered pages : illustrations (some color) ; 22 cm
Titre original : La Concurrence - 2e edition augmentee
Includes bibliographic references and index.
"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."--back cover.