Accession Number : AD0738082

Title :   On the Paradox of the Efficient Price System in a Completely Centralized Economy and in a Capitalist Individual Ownership Economy,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Shubik,Martin

Report Date : AUG 1971

Pagination or Media Count : 9

Abstract : The crucial role of the number of competitors in an economy is utilized to show the difference between a centralized price system and a free enterprise or competitive price system. (Author)

Descriptors :   (*ECONOMICS, ANOMALIES), (*COMMERCE, GAME THEORY), FACTOR ANALYSIS, BEHAVIOR, SYSTEMS ENGINEERING, MATHEMATICAL MODELS

Subject Categories : Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE