Neutral markets, nonneutral institutions and economic evolution
The article argues the neutral nature of markets. It describes the ways neutral markets expand or fold under the influence of non-neutral institutions. A demarcation is lined up between efficacy of a market process and a market result. The paper shows inconsistency of existing neoclassic models in t...
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| Published in: | Економічний вісник Донбасу |
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| Date: | 2010 |
| Main Authors: | , |
| Format: | Article |
| Language: | English |
| Published: |
Інститут економіки промисловості НАН України
2010
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| Subjects: | |
| Online Access: | https://nasplib.isofts.kiev.ua/handle/123456789/24011 |
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| Journal Title: | Digital Library of Periodicals of National Academy of Sciences of Ukraine |
| Cite this: | Neutral markets, nonneutral institutions and economic evolution / V. Volchik, A. Maslov // Економічний вісник Донбасу. — 2010. — № 4(22). — С. 26-33. — Бібліогр.: 26 назв. — англ. |