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  • STACKELBERG, Heinrich von (1905-1946):

    Publicado por London: William Hodge, 1952., 1952

    Librería: Ted Kottler, Bookseller, Redondo Beach, CA, Estados Unidos de America

    Valoración del vendedor: Valoración 4 estrellas, Learn more about seller ratings

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    Hardcover. Condición: Near Fine. Estado de la sobrecubierta: Near Fine. 1st Edition. 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).