Mantzavinos, C. - In: Journal of Economics and Statistics (Jahrbuecher fuer … 219 (1999) 5+6, pp. 685-691
The prominent position of Carl Menger in the history of economics is mainly seen in his contribution in the subjective theory of value. In this article Menger's analysis of competition is examined and it is suggested that he understood competition as a dynamic process. All elements of the modern...