TY  - CHAP
AB  - The effective working of market economies is dependent, for reasons not fully recognised, on the existence, and on the relative stability, of differences in the capabilities of individual firms. General equilibrium theory abstracts from these circumstances and is therefore unable to explain how economic adjustment actually takes place; a proper appreciation of the role played by differentiation and continuity enables to do this and to assess the scope and limitations of the process.
VL  - 6
SN  - 978-1-84950-226-9, 978-0-76231-041-8/1529-2134
DO  - 10.1016/S1529-2134(03)06006-X
UR  - https://doi.org/10.1016/S1529-2134(03)06006-X
AU  - Richardson G.B.
ED  - Roger Koppl
ED  - Jack Birner
ED  - Peter Kurrild-Klitgaard
PY  - 2003
Y1  - 2003/01/01
TI  - DIFFERENTIATION AND CONTINUITY IN THE MARKET ECONOMY
T2  - Austrian Economics and Entrepreneurial Studies
T3  - Advances in Austrian Economics
PB  - Emerald Group Publishing Limited
SP  - 89
EP  - 95
Y2  - 2024/04/19
ER  -