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"imperfect competition" is a proper and usable phrase in written English.
It is used to describe a market environment where there are not enough perfect competitors, meaning not all buyers and sellers are equal in terms of their access to resources. For example, "The local market is characterized by imperfect competition, since the larger companies have more access to resources than the smaller ones."
Exact(60)
The second essay, coauthored with Glen Weyl, extends the incidence-based framework for the analysis of perfectly competitive markets to imperfect competition.
Imperfect Competition.
Imperfect competition, dynamic games among firms.
Realistically, imperfect competition, market failure, and more are everywhere.
Additional rationing of coverage because of imperfect competition is notnecessary.
The imperfect competition school's "possibility theorems" make good social science.
The theory of imperfect competition and other applications.
Hence the growth of theories of imperfect competition, in which companies' strategic choices affect market outcomes.
Yet even the introduction of an imperfect competition has already boosted quality and lowered prices.
The course concludes with a brief introduction to game theory, with applications to imperfect competition.
Then we analyze the classic Cournot model of imperfect competition between firms.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com