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The Theory of the Market Economy. Translated from the German and with an Introduction by Alan T. Peacock.

STACKELBERG, Heinrich von (1905-1946):

Editorial: London: William Hodge, 1952., 1952
Condición: Near Fine Encuadernación de tapa dura
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Ted Kottler, Bookseller
Redondo Beach, CA, Estados Unidos de America

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First Edition in English of Marktform und Gleichgewicht (1st German ed., 1934). xxiii, 328 pp; figs.; errata slip. Original cloth. Signature of former owner on flyleaf, else Near Fine, in dust jacket (unclipped). 'For a long time Stackelberg justified National Socialism. He belonged to the many scientists of all disciplines who accommodated themselves with the political relationships of the pre-1945 period. His scientific rank is not disputed, however, in particular with respect to the further development of the theory of market structures. . . . In 1934 he published Marktform und Gleichgewicht (later translated under the title The Theory of the Market Economy, 1952). At the heart of von Stackelberg's research was the analysis of oligopolies. He denies the reality of the model of full competition which is at the basis of the general equilibrium theory of Léon Walras and Vilfredo Pareto and which assumes perfect knowledge about products and prices of all market participants. Von Stackelberg maintains that a market is anything but perfectly transparent' (H. W. de Jong, William G. Shepherd, Pioneers of industrial organization: how the economics of competition and monopoly took shape, 2007, p. 50). For Stackelberg, see Hans Möller, 'Heinrich Freiherr von Stackelberg und sein Beitrag für die Wirtschaftswissenschaft' (Zeitschrift für die gesamte Staatswissenschaft 105 (3): 395–428, 1949). N° de ref. de la librería 21016

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Título: The Theory of the Market Economy. Translated...

Editorial: London: William Hodge, 1952.

Año de publicación: 1952

Encuadernación: Hardcover

Condición del libro: Near Fine

Condición de la sobrecubierta: Near Fine

Edición: 1st Edition

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