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Allocation of Factors in Competitive Markets

John P. Burkett

in Microeconomics: Optimization, Experiments, and Behavior

Published in print:
2006
Published Online:
October 2011
ISBN:
9780195189629
eISBN:
9780199850778
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189629.003.0008
Subject:
Economics and Finance, Microeconomics

This chapter examines the issues considered in the allocation of factors in competitive markets. It suggests that general equilibrium analysis is very useful in public finance and international trade ... More


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