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volmaakte markten
- volmaakte markten
- perfect markets
Most of neoclassical economics (and current economic theory) is based on the
assumption that markets are perfect in the following ways: all parties know and
share the same information, rational decision-making on the parts of buyers and
sellers, low or no transaction costs, perfect competition, no monopolies, and
equal access. In reality, none of the conditions are usually present, creating a
situation where current economic theories of market dynamics don’t really work
in practice as they do in theory. Government and other social interventions
often try to compensate for markets not actually being perfect but current
theory doesn’t yet adequately explain the dynamics of real markets.
source: http://www.sustainabilitydictionary.com/
- In voorbereiding (in preparation) >> nederlands
- Kerncompetentie (core competency) >> Ondernemen (undertake) >> Duurzaam Ondernemen (sustainability)
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