Market distortion
id:
market-distortion-194-18561738
title:
Market distortion
text:
In neoclassical economics, a market distortion is any event in which a market reaches a market clearing price for an item that is substantially different from the price that a market would achieve while operating under conditions of perfect competition and state enforcement of legal contracts and the ownership of private property. A distortion is "any departure from the ideal of perfect competition that therefore interferes with economic agents maximizing social welfare when they maximize their
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Market_distortion
date created:
date modified:
2022-12-25T09:43:10Z
main entity:
{"identifier":"Q16323567","url":"https://www.wikidata.org/entity/Q16323567"}
image:
fields total:
13
integrity:
13