- First Edition
- Hardcover
- Used
Seller: Reginald C. Williams Rare Books, Glendale, CA, U.S.A.Reginald C. Williams Rare Books
AbeBooks seller since August 22, 2018
Association member: IOBA
Condition: Used - Near fine
£ 388.20
Quantity: 1 available
Add to basketItem description from seller
Thick octavo, original blue cloth. First edition of Robinson's theory of a middle ground ("imperfect competition") somewhere between monopolies and perfect competition, which would explain unemployment. John Maynard Keynes' biographer relates that Joan Robinson (an ardent disciple of Keynes) "and several others formed a 'circus' which met weekly for the discussion of the Treatise, and R. F. Kahn retailed to Keynes the results of our deliberations He had a high regard for Mrs. Robinson's intellectual powers" (Harrod, 433). She later focuses on an important point that arose during these weekly discussions: "Keynes visualized too simple and direct a mechanism whereby changes of investment were supposed to react on prices" a concept she touches upon in her two chapters on "Price Discrimination," along with her famous "marginal revenue curve." Her main premise, however, departs from contemporary economic theory by treating monopolies in given industries as the general case and perfect competition between multiple small firms as a special case. A monopolistic firm could raise prices and lower production without affecting margins, which explained the rampant unemployment in England at the time. "Though she later disparaged Imperfect Competition as 'scholastic' and 'orthodox,' it became the classic exposition of the theory of the firm for decades" (Niehans, 304). Without rare original dust jacket. Wear to extremities of original cloth. A near fine copy displaying some minor rubbing at the spine ends and cover. Now Mylar protected.…
Seller Inventory # 456
Bibliographic details
- Title
- The Economics of Imperfect Competition
- Author
- ROBINSON, Joan
- Publisher
- Macmillan
- Publication year
- 1933
- Condition
- Near Fine
- Dust jacket
- No Jacket
- Binding
- Hardcover
- Edition
- 1st Edition
Reginald C. Williams Rare Books
Glendale, CA, U.S.A.
Shipping rates within U.S.A.
| Item | 5 to 14 business days | 3 to 6 business days |
|---|---|---|
| First item | £ 5.28 | £ 13.57 |
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Store description
Specializing in rare antiquarian books on many subjects with a focus on Western Philosophy, Science, Natural History, Psychology, Occult, Greek Classics, Literary Fiction, American History & Scholarly Books. Website: Williamsrarebooks.com
Specialty
Greek Classics, Science, Psychology, Western Philosophy, Occult & Witchcraft, Literary FictionAssociation member
Seller's business information
Reginald C. Williams Rare Books
CA, U.S.A.
Terms of sale
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