Abstract
Imperfect knowledge leads to imperfect competition and so the efficiency of the market economy is impaired. In practice such imperfect knowledge may occur for the following reasons.
This is a preview of subscription content, log in via an institution to check access.
Preview
Unable to display preview. Download preview PDF.
Copyright information
© 1991 J. Harvey
About this chapter
Cite this chapter
Harvey, J. (1991). Imperfect Knowledge. In: Intermediate Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-21228-6_20
Download citation
DOI: https://doi.org/10.1007/978-1-349-21228-6_20
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-54552-2
Online ISBN: 978-1-349-21228-6
eBook Packages: Palgrave Social & Cultural Studies CollectionSocial Sciences (R0)