Articles of Interest
Author:
Jakub Bożydar Wiśniewski
Online Publish Date:
on the analysis of purely hypothetical or idealized constructs, such as perfect competition or general equilibrium, which stands in stark contrast to the typical as social welfare (Herbener 1997), consumer satisfaction (Hutt 1940), or business competitiveness (Hayek 2002). This is not to say, however, that such data, even if