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Self-defeating behaviour

Why not define counlerfinality by a. < so as to retain the symmetry with the invisible hand I am guided Sartre s use of the notion, and by the discussions in Marx to which I want to apply it. They were both concerned with vicious spirals of collectively self-defeating behaviour, not just with the general notion of redprocal blocking-... [Pg.24]

This feature took the form of a parameter representing the degree of revenue-maximizing behaviour. The value of this parameter (between 0 and 1 within the mathematical framework of the model) was set so that, where there was a possibility of companies increasing their profits as a result of the policy levers, this would never be implemented in a manner such that it would attract new entry and therefore be self-defeating, i.e. that the firms exhibit limit pricing (see later discussion on profit maximization). As a result, new entry was only assumed to take place when companies did not have the opportunity of increasing their profits as a result of the policy levers introduced. [Pg.34]


See other pages where Self-defeating behaviour is mentioned: [Pg.249]    [Pg.80]    [Pg.87]    [Pg.187]    [Pg.155]    [Pg.168]    [Pg.200]    [Pg.87]    [Pg.33]   
See also in sourсe #XX -- [ Pg.155 ]




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