Effective competition

id: effective-competition-311-13681897
title: Effective competition
text: Effective competition is a concept first proposed by John Maurice Clark, then under the name of "workable competition," as a "workable" alternative to the economic theory of perfect competition, as perfect competition is seldom observed in the real world. His proposal resulted in extensive debate in the economic literature over the next several decades in which George W. Stocking Sr., George Stigler, Jesse W. Markham, Joe S. Bain, and many others participated. No consensus has yet been reached o
brand slug: wiki
category slug: encyclopedia
description: A "workable" alternative to the economic theory of perfect competition
original url: https://en.wikipedia.org/wiki/Effective_competition
date created:
date modified: 2023-03-20T11:30:47Z
main entity: {"identifier":"Q1474633","url":"https://www.wikidata.org/entity/Q1474633"}
image:
fields total: 13
integrity: 14

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