Very often, contemporary economists equate the Walrasian “free competition” with “pure and perfect competition” as a market structure of the neo-classical canon. In this chapter, we will seek to show that for Walras, free competition is essentially a natural behaviour of rational and free individuals, having specific institutions that allow them to fully exercise these liberties.

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The Conception of Free Competition in the Éléments D’Économie Politique Pure

  • Jean-Pierre Potier

摘要

Very often, contemporary economists equate the Walrasian “free competition” with “pure and perfect competition” as a market structure of the neo-classical canon. In this chapter, we will seek to show that for Walras, free competition is essentially a natural behaviour of rational and free individuals, having specific institutions that allow them to fully exercise these liberties.