This paper discusses the actual relevance and historical origins or ‘competition universalism’. In economics, competition is conceptualized as a nearly ubiquitous element of societies, or, at least, used to study a wide array of social and political relations, including competition between...

Competition is at the core of economics, being both a central concept of economic reasoning and a main prerequisite for economic action. Yet, the attempt of a clear definition of competition is challenging as the concept of competition has been used in different historical and disciplinary...

This paper introduces a framework to facilitate an interdisciplinary analysis of ‘competition’. While such an interdisciplinary analysis can be justified by referencing the various fields of social and economic life in which ‘competition’ is important, three challenges are found to...

The basic academic education in economic thinking is dominated by very simplified models of firms and individuals in the market. The theory of firm, which is the fundamental model of neoclassical microeconomics, therefore has great influence on the way people think about economic processes. The...