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Journal Articles Journal of Philosophical Economics Year : 2010

The internal consistency of perfect competition


This article surveys some arguments brought forward in defense of the theory of perfect competition. While some critics propose that the theory of perfect competition, and thus also the theory of the firm, are logically flawed, (mainstream) economists defend their most popular textbook model by a series of apparently different arguments. Here it is examined whether these arguments are comparable, consistent and convincing from the point of view of philosophy of science.
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hal-03704560 , version 1 (25-06-2022)


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Jakob Kapeller, Stephan Pühringer. The internal consistency of perfect competition. Journal of Philosophical Economics, 2010, Volume III Issue 2 (2), pp.134-152. ⟨10.46298/jpe.10598⟩. ⟨hal-03704560⟩
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