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Übersetzungen für „imperfect competition“ im Englisch » Arabisch-Wörterbuch (Springe zu Arabisch » Englisch)

imperfect competition

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This paper was the first to demonstrate in a simple general equilibrium model that the fiscal multiplier could be increasing with the degree of imperfect competition in the output market.
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Later microeconomic theory distinguished between perfect competition and imperfect competition, concluding that no system of resource allocation is more efficient than perfect competition.
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The correct sequence of the market structure from most to least competitive is perfect competition, imperfect competition, oligopoly, and pure monopoly.
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Unlike perfect competition, imperfect competition invariably means market power is unequally distributed.
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