Competition and Industrial Organisation in the Centrally Planned Economies

  • Z. Roman
Part of the International Economic Association Series book series (volume 77)


‘Competition: the condition prevailing in a market in which rival sellers try to increase their profit at one another’s expense … ’(McGraw-Hill, Dictionary of Modern Economics, 1965, p. 102). ‘Competition enters all major areas of man’s life and generally connotes rivalry between two or more men or groups for a given prize.’ (International Encyclopaedia of the Social Sciences, vol. 3, 1968, p. 181).


Market Structure Foreign Trade Market Competition Socialist Economy Plan Economy 
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  1. Chandler, A.D. (1977) The Visible Hand: Managerial Revolution in American Business, (Cambridge, Mass.-London: Harvard University Press).Google Scholar
  2. Coase, R.H. (1952) ‘The Nature of the Firm’, in G.J. Stigler and K.E. Boulding (eds), Readings in Price Theory, (Chicago: University of Chicago Press) p. 333.Google Scholar
  3. Williamson, O.E. (1975) Markets and Hierarchies: Analysis and Antitrust Implications: a Study in the Economics of Internal Organisation, (New York — London: Free Press (Macmillan)).Google Scholar

Copyright information

© International Economic Association 1986

Authors and Affiliations

  • Z. Roman
    • 1
  1. 1.Research Institute of Industrial Economics of the Hungarian Academy of SciencesHungary

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