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    Exchange and Production: Competition, Coordination, and Control, 3 edition (repost)

    Posted By: interes
    Exchange and Production: Competition, Coordination, and Control, 3 edition (repost)

    Armen A. Alchain, William R. Allen, "Exchange and Production: Competition, Coordination, and Control, 3 edition"
    English | 1983 | ISBN: 0534013201 | 475 pages | scan PDF | 11,4 MB

    Readers' rewiews:
    –It is a sad commentary that the greatest text book in intorductory economics is now out of print. This book goes beyond the economics of carrots and parsinps. It has witty and stimulating discussions of property rights, contracts, trade markets, copy rights, etc. In sum, the market does not always recognize quality.

    –This book let me underdstand why the relative prive affect the present value and transaction costs of the goods. (The relative prive affect the tradeoff of present goods and future goods with regard to the existence of transaction costs) Very good in micro, but macro is not concern, may be the symptom of the schools of property. The velocity of momey is not fully investigate. Does the school of property and monetary are go hand by hand.