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A General Theory of Competition
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A General Theory of Competition
Resources, Competences, Productivity, Economic Growth



January 2000 | 320 pages | SAGE Publications, Inc
A General Theory of Competition develops a ground-breaking new theory of competition - `resource-advantage theory'.

Recent thinking on competition has assumed the premises, structure and implications of the theory of perfect competition.

In his long-awaited book Shelby Hunt draws on economics, management, marketing and sociology to articulate resource-advantage theory. The author proceeds to illustrate how and why his theory may be used to explain and predict economic phenomena with great accuracy.

This volume is extremely well-referenced, with detailed source notes.

 
Introduction
 
Antecedents and Affinities
Evolutionary and `Austrian' Economics

 
 
Antecedents and Affinities
Heterogeneous Demand and Differential Advantage

 
 
Antecedents and Affinities
Business Strategy and Institutional Theory

 
 
Resource-Advantage Theory
Foundational Premises

 
 
Resource-Advantage Theory
An Evolutionary Theory of Competition

 
 
Productivity, Efficiency and Effectiveness
 
Endogeneous Economic Growth
 
The Wealth of Nations
 
Conclusion

"This truly interdisciplinary book successfully develops a general theory of competition which is rich in explanatory breadth and depth." 

Robert F. Lusch
University of Oklahoma

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