Pure competition has been traditionally used by economistsas the criterion to measure other market structures^2.Severalfeatures are highlighted that separate pure competition fromother market structures.For instance,a...Pure competition has been traditionally used by economistsas the criterion to measure other market structures^2.Severalfeatures are highlighted that separate pure competition fromother market structures.For instance,a large number of inde-pendently acting sellers^3 can be found in a highly organizedmarket offering their products,which are standardized and ho-展开更多
This study attempts to investigate the relationship between monopoly and competition and the philosophy of progress,using the methods,models,and terms from physics.The term“progress”is a newly adopted term and is de...This study attempts to investigate the relationship between monopoly and competition and the philosophy of progress,using the methods,models,and terms from physics.The term“progress”is a newly adopted term and is defined as the value of an increase in the production rate per unit of time.It is shown that to achieve progress,it is necessary to increase the production on a non-linear basis over time.Therefore,it is enough to have many firms that interact with each other under the influence of“market forces”.It is important to have a high level of university education,a legal environment for competition and indestructible antitrust laws.Even without strong science,you can make progress by acquiring technology and creating conditions for competition in the market.A factor that strongly influences progress,of course,is technology.For the development of technology,there is a great need for science.Science is a very powerful factor that affects the non-linear change in the economic development.It is shown that during the transition period from an absolute monopoly to an imperfect monopoly the system becomes more complex,and its output characteristics become non-linear as a function of time.It was found that the relationship between monopoly and competition is very simple,and there is no contradiction between them.Initially,the market is born as a monopoly,and then with the creation of similar firms,competition,as the natural market process,begins between them.展开更多
文摘Pure competition has been traditionally used by economistsas the criterion to measure other market structures^2.Severalfeatures are highlighted that separate pure competition fromother market structures.For instance,a large number of inde-pendently acting sellers^3 can be found in a highly organizedmarket offering their products,which are standardized and ho-
文摘This study attempts to investigate the relationship between monopoly and competition and the philosophy of progress,using the methods,models,and terms from physics.The term“progress”is a newly adopted term and is defined as the value of an increase in the production rate per unit of time.It is shown that to achieve progress,it is necessary to increase the production on a non-linear basis over time.Therefore,it is enough to have many firms that interact with each other under the influence of“market forces”.It is important to have a high level of university education,a legal environment for competition and indestructible antitrust laws.Even without strong science,you can make progress by acquiring technology and creating conditions for competition in the market.A factor that strongly influences progress,of course,is technology.For the development of technology,there is a great need for science.Science is a very powerful factor that affects the non-linear change in the economic development.It is shown that during the transition period from an absolute monopoly to an imperfect monopoly the system becomes more complex,and its output characteristics become non-linear as a function of time.It was found that the relationship between monopoly and competition is very simple,and there is no contradiction between them.Initially,the market is born as a monopoly,and then with the creation of similar firms,competition,as the natural market process,begins between them.